The Shapoorji Pallonji (SP) Group has sold a quarter of its stake in Tata Consultancy Services (TCS) and raised Rs 400 crore, amid credit rating agencies downgrading its debt instruments. The group will use the proceeds to strengthen its balance sheet.

source https://timesofindia.indiatimes.com/business/india-business/sp-group-sells-quarter-of-its-tcs-holding/articleshow/72375491.cms