Tata Sons set to infuse another Rs 3,462 crore in Tata Digital – Blue Barrows

Tata Group’s ecommerce flagship Tata Digital is increasing its authorised share capital from Rs 15,000 crore to Rs 20,000 crore, as per a regulatory filing last week, setting the stage for fresh capital infusion by its parent Tata Sons.

Tata Digital has already taken board approval in the last one month to receive investment of Rs 3,462 crore over two tranches from Tata Sons. This will take the issued share capital of Tata Digital to Rs 15,934