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New Delhi. Shapoorji Pallonji (SP) Group has once again come under financial pressure amid the ongoing tussle between various trustees of Tata Trusts, which controls Tata Group companies. Actually, Shapoorji Pallonji Group has to repay a loan of about $ 1.2 billion (about ₹ 10,000 crore) by December 2025, for which it has mortgaged its entire stake in Tata Sons. In Bussiness news, sources said that Shapoorji Pallonji Group had earlier re-financed the old loan of about $ 3.2 billion and now it has to repay both the interest and principal within two months. Promoter debt at the Mistry family level stands at between ₹25,000–30,000 crore, which is almost half of the group’s total debt of ₹55,000–60,000 crore.

Shapoorji Pallonji Group has more than 18% stake
Let us tell you that Shapoorji Pallonji Group is discussing an exit plan from Tata Sons by selling its stake. The share of this group is more than 18%. The lenders said the entire loan is secured against the assets of Shapoorji Pallonji Group, which also includes Tata Sons shares, but despite these shares being pledged, it is not easy to convert them into cash. Tata Sons is an unlisted company. Therefore, these shares cannot be sold to any outside buyer without the approval of the Tata Group. At present, Tata Group has not made any proposal to SP Group for full or partial purchase of its stake, making the situation more complicated for the lenders.

Tata Trust Board of Directors meeting concluded
Meanwhile, a meeting of the board of directors of Tata Trust was held. In the meeting, day-to-day issues to the Trust were discussed and no controversial topic was raised. It was a normal meeting and no controversial issues were raised. Presentations about various hospitals and rural development projects were made in the meeting. This meeting came after the top leadership of Tata Trust met Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman on Tuesday. Let us tell you that Tata Trust Chairman Noel Tata and Tata Sons Chairman N Chandrasekaran had met Shah and Sitharaman on Tuesday.

Tata Trust is in two groups
According to sources, Tata Trust is currently divided into two groups. One group is with Noel Tata. Noel Tata was appointed chairman of the trust after the death of Ratan Tata. The second faction includes four trustees led by Mehli Mistry. He belongs to Shapoorji Pallonji family. The Shapoorji Pallonji family holds about 18.37 percent stake in Tata Sons. According to the report, Mehli Mistry feels that he has been kept out of important matters. According to sources, the main reason for the dispute is the appointments on the board of directors of Tata Sons. Tata Sons is the promoter company that controls the 156-year-old group.