As per The Mint, internal calculations at Tata Sons is pegging the equity value of the salt to software conglomerate at $70 billion.
By this calculation the share of the Shapoorji Pallonji group at 18.4% stands at $12.84 billion or ₹94,000 crore. This figure though higher than the initial Rs70,000 cr offered by Tata Sons is still much lower than the Rs 1.7 lakh crore the SP group had demanded
Sources have told Mint that bankers have worked with Tata Group to arrive at this valuation which will be key in finalising the separation plan which still hangs in a limbo.