Tata Sons arm to acquire controlling stake in Tejas Networks for nearly Rs 1,890 crore
By
Biju Kumar
NEW DELHI: Tejas Networks, a telecom and network firm, on Thursday said an arm of Tata Sons will acquire controlling stake in it for nearly Rs 1,890 crore in a multi-step deal.
The company has executed definitive agreements with Panatone Finvest, a subsidiary of Tata Sons (Tata group holding firm), it said in a statement.