Exclusive: Tata Sons to sell 20% stake in Agratas

Agratas designs and makes batteries for the automobile and energy sectors. The company has factories in India and the UK, according to its website. 

Exclusive: Tata Sons to sell 20% stake in Agratas
Agratas is also planning to file for an IPO. Image: agratas.net

Tata Group company Tata Sons is about to sell 20 per cent stake in Agratas, people familiar with the development told Zee Business.

According to the sources, Singapore-based AESC Apollo Holding will buy Tata Sons' stake in Agratas for about 3,700 crore.

An email was sent to Tata Sons to confirm the development, remained unanswered.

Agratas designs and makes batteries for the automobile and energy sectors. The company has factories in India and the UK, according to its website. 

Agratas is also planning to file for an IPO.

Catch all the latest stock market updates here. For all other news related to business, market, tech and auto, visit Zeebiz.com.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-sip-mutual-fund-calculator-how-can-you-create-inr-rs-50000000-60000000-70000000-retirement-corpuses-on-monthly-salary-income-of-20000-step-up-capital-gain-return-335490

Power of Compounding: How can you create Rs 5 crore, 6 crore, 7 crore corpuses if your monthly salary is Rs 20,000?

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-large-and-mid-cap-sip-mutual-funds-with-best-highest-sip-returns-in-1-year-calculator-inr-rs-27272-monthly-investment-in-no1-scheme-is-worth-405296-nifty-bse-lic-uti-hsbc-motilal-oswal-aum-nav-335838

Top 7 Large and Mid Cap Mutual Funds With Highest SIP Returns in 1 Year: Rs 27,27,2 monthly SIP investment in No. 1 fund has zoomed to Rs 4,05,296

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-5-year-fd-vs-pnb-5-year-fd-how-much-will-be-your-return-in-5-years-on-investment-of-rs-700000-rs-1300000-for-general-and-senior-citizens-335933

SBI 5-Year FD vs PNB 5-Year FD: What will be your return on Rs 7,00,000 & Rs 13,00,000 investments?

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-bob-pnb-canara-bank-icici-bank-hdfc-bank-highest-fd-interest-rates-to-senior-citizens-on-1-year-3-years-and-5-years-fixed-deposit-scheme-returns-calculator-online-335814

Highest Senior Citizen FD Rates: Here's what banks like SBI, PNB, BoB, Canara Bank, HDFC Bank and ICICI Bank are providing on 1-year, 3-year, 5-year fixed deposits

https://www.zeebiz.com/personal-finance/photo-gallery-sip-vs-ppf-retirement-planning-corpus-interest-rate-maturity-calculator-which-can-create-highest-fund-on-rs-12000-monthly-investment-for-30-years-systematic-investment-plan-vs-public-provident-fund-335762

PPF vs SIP: With Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus

https://www.zeebiz.com/personal-finance/photo-gallery-ppf-interest-rate-maturity-retirement-corpus-planning-calculator-how-to-get-inr-rs-72000-month-tax-free-income-from-public-provident-fund-calculations-80c-tax-benefits-333983

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

https://www.zeebiz.com/personal-finance/photo-gallery-to-7-sbi-sip-small-large-mid-multi-sectoral-fof-mutual-funds-with-best-highest-xirr-returns-in-1-year-calculator-inr-rs-25252-monthly-investment-in-no-1-scheme-has-sprung-to-374615-nifty-bse-aum-nav-335798

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,252 monthly SIP investment in No. 1 scheme has sprung to Rs 3,74,615; know about others

https://www.zeebiz.com/personal-finance/news-rs-11111-monthly-sip-for-15-yrs-or-22222-for-10-yrs-or-33333-for-7-years-which-works-best-at-same-expected-return-335566

Small SIP, Big Impact: Rs 11,111 monthly investment for 15 years, Rs 22,222 for 10 years or Rs 33,333 for 7 years, which do you think works best?

https://www.zeebiz.com/personal-finance/photo-gallery-ower-of-compounding-interest-mutual-fund-sip-retirement-corpus-planning-calculator-how-many-years-it-will-take-to-reach-inr-rs-50000000-with-8000-9000-and-10000-monthly-investment-market-linked-return-335726

Power of Compounding: At 12% expected annualised return, how soon can Rs 8,000, Rs 9,000, Rs 10,000 monthly SIPs build Rs 5 crore corpus?

Reported By: Tarun Sharma
Written By: ZeeBiz WebTeam
Updated: Fri, Sep 13, 2024
06:53 PM IST
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Tata Sons Chairman N Chandrasekaran meets Maharashtra CM Fadnavis, discusses growth and economic goals Tata Sons Chairman N Chandrasekaran meets Maharashtra CM Fadnavis, discusses growth and economic goals
Air India orders 100 additional Airbus aircraft Air India orders 100 additional Airbus aircraft

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x