The board meeting of Tata Sons is going to be held today, in which the funding of the next round of emerging business will be discussed. In the meeting, Tata Digital, Air India and Tata Electronics will be given priority. In addition, the results of the third quarter of Tata Group companies will also be reviewed.
Board’s main discussions:
Investment plans for Tata Digital, Air India and Tata Electronics. Progress reports of $ 2 billion of Tata Capital. The target to include new business in the top 5 companies by fY 2027.
However, no official statement has come from Tata Sons yet.
Tata Sons new investment strategy: Which companies will be focused on?
Tata Group will invest more than $ 120 billion in the coming years, with the main focus on these areas:
Tata Electronics – Semiconductor and Electronics Manufacturing Tata Digital-e-commerce and digital platforms Air India – Growth in Aviation Sector Battery Manufacturing – EV and Sustainable Energy
How will funding be?
Tata Group will invest in these new ventures through equity investment and internal profits.
How much dividend was received from Tata Group companies?
In FY 2024, Tata Sons received Rs 24,000 crore as a dividend.
TCS’s biggest contribution – ₹ 19,000 crore Tata Motors – ₹ 2,000 Crore Tata Steel – ₹ 1,450 Crore
Tata Sons Chairman N. Chandrasekaran took over in 2017 and got a second term in 2022, which will continue till February 2027.
Tata Capital IPO: Large bet of $ 2 billion
The IPO of Tata Capital may arrive soon, the estimated value of which is $ 2 billion. Kotak Investment Banking has been appointed as a banking partner for this IPO. Tata Sons has a 93% stake in Tata Capital.
Tata Group’s financial performance is monitored
Net profit of Tata Sons in fY 2023-24 ₹ 34,654 crore 57% increase on an annual basis Total revenue of Tata Group listed companies ₹ 11.23 lakh crore (+30%) Total Net Profit ₹ 86,500 Crore (+9.4%)
The goal of Tata Sons is to become self -sufficient in the next two years Tata Digital, Air India and Tata Electronics and reduce their financial dependence on the group.
