A block deal is expected soon in Tata Technologies, with global private equity firm TPG planning to sell its entire stake.
According to sources quoted by Moneycontrol, this is being seen as a major strategic exit. U.S.-based investment bank BofA Securities is managing the deal.
What is the Offer Price?
TPG Rise Climate Sf Pte Ltd holds about 2.1% of Tata Technologies’ shares. The total deal is expected to be worth over ₹615 crore (around $74 million).
The offer price is set between ₹744.5 and ₹767.5 per share. This is about 0% to 3% lower than Tata Tech’s stock price at the close of market on June 3.
So far, there has been no official comment from either TPG or BofA Securities regarding the deal.
Tata Technologies Stock Up 15% in a Month
Tata Technologies shares have shown strong performance recently, rising more than 15% in the last month.
However, over the past year, the stock has dropped by 25.83%. In the last six months, it is down 19.69%, and so far in 2025, it has fallen by 13.79%.
