Ratan Tata to sell all his 77,900 shares in FirstCry IPO

NEW DELHI: Tata Sons Chairman emeritus Ratan Tata, who turned 86 today, will sell 77,900 shares of kidswear startup FirstCry in its upcoming IPO in 2024.

The business tycoon had picked up a 0.02% stake for Rs 66 lakh in Brainbees Solution, which operates omnichannel businesses of kidswear under the brand name FirstCry, in 2016.