The Tata Group, which had objected to such share pledging or transfers, made an offer in court to buy back the 18.4% stake in Tata Sons that the Mistrys hold. The top court barred the Mistry-run Shapoorji Pallonji (SP) Group and Cyrus Investments from taking any further action on pledges already created on Tata Sons shares.
– Stocks-Markets-Economic Times
