LatestIncome Tax 18 September 2026
SP Group Seeks ₹25,000 Cr for Partial Stake Sale
India's SP Group plans to raise roughly ₹25,000 crore by selling a minority stake, aiming to fund expansion and cut debt. The decision aligns with recent income tax rule changes and signals a push for long‑term investors while retaining control.
SP Group seeks ₹25,000 cr for stake sale
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- Aiming to raise about ₹25,000 crore by selling a minority share.
- Funds will support expansion plans and help reduce existing debt.
- Move timed with recent changes in India’s income‑tax rules, targeting long‑term investors while the group keeps control.
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