Tata Sons, which is the promoter of major operating companies of the Tata group, is going to acquire additional 0.22 percent stake in Titan Company at an estimated price of over Rs 66 crore taking its total holding to 19.80 percent.
Titan said in a BSE filing that Tata Sons will acquire 0.22 percent stake from Tata International as part of restructuring its investment portfolio.
Tata Sons has acquired 2.18 percent stake in Titan in August at an estimated price of over Rs 680 crore taking its total holding to 19.59 percent.
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