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Sterling & Wilson shares up 20 per cent over SP Group’s exit from Tata Sons

The announcement came after Tata Sons earlier in the day told the Supreme Court that it was ready to buy the Mistry family’s stake in Tata Sons at current market value Mumbai: Shares of Shapoorji Pallonji Group company, Sterling & Wilson Solar, surged 20 per cent after the group announced that it will end its […]

KSTAR to complete 600kwp rooftop PV project in Melaka, Malaysia

Sterling & Wilson Solar shares rally 20% after SP Group announces it will exit Tata Sons

The announcement came after Tata Sons earlier in the day told the Supreme Court that it was ready to buy the Mistry family’s stake in Tata Sons at current market value. Shares of Sterling & Wilson Solar surged nearly 20 per cent on Wednesday after Shapoorji Pallonji Group announced that it will end its ties […]

KSTAR to complete 600kwp rooftop PV project in Melaka, Malaysia

Shapoorji Pallonji Group falters again on repayments to Sterling & Wilson Solar

  Shapoorji Pallonji group said that it is unable to repay pending dues worth ₹1,000 crore due in June and September to Sterling & Wilson Solar Ltd The repayment is part of dues worth ₹2,644 crore that the promoters owe to SWSL MUMBAI: The Shapoorji Pallonji group has told group company Sterling & Wilson Solar Ltd (SWSL) […]

NABARD Extends Financial Support of Rs 9162 Crore to WB

Sterling and Wilson Solar plans to train locals to make up for labour shortage

He noted that mobilising the workers, who have gone to their villages, back to the construction sites is a time-consuming effort Mumbai: Amid uncertainty over the return of migrant labourers who left for their villages due to the COVID-19 fears, Sterling and Wilson Solar is planning to train the locals to compensate for the shortage, […]

KSTAR to complete 600kwp rooftop PV project in Melaka, Malaysia

Sterling and Wilson appoints Raghu Menon as CEO of its COGEN business

Menon is a graduate in mechanical engineering from Pune University and holds a diploma in marketing management from Welingkar Institute of Management, Mumbai. New Delhi: Sterling and Wilson (SW), EPC company and part of Shapoorji Pallonji Group, on Thursday appointed Raghu Menon as the chief executive officer (CEO) of its COGEN business. He will be […]

KSTAR to complete 600kwp rooftop PV project in Melaka, Malaysia

Sterling and Wilson Solar promoters facilitate repayment of Rs 500 crore

The proceeds have been utilised to reduce our external borrowings by an equivalent amount New Delhi: Sterling and Wilson Solar on Tuesday said that its promoters have facilitated repayment of Rs 500 crore as per the revised schedule of repayment approved by the board. “Sterling and Wilson Solar Ltd (SWSL) has received additional Rs 500 […]

NABARD Extends Financial Support of Rs 9162 Crore to WB

Tatas object to Shapoorji Pallonji Group plan to pledge stake

Pallonji Mistry and sons Shapoor Mistry and Cyrus Mistry, who together control the diversified SP Group, have tapped Canadian investor Brookfield for a mega $2-2.5 billion funding facility using part of its stake in Tata Sons as collateral. Mumbai: Tata Sons and its estranged minority shareholder Shapoorji Pallonji (SP) Group have clashed once again with the former […]

KSTAR to complete 600kwp rooftop PV project in Melaka, Malaysia

Shapoorji Pallonji Group sells stake in TCS for the second time this month

The block deal is the second tranche of sale done by Shapoorji Pallonji in TCS this month alone. Before the first block deal, Shapoorji Pallonji held 74.45 lakh shares in TCS. Post both block deals, Shapoorji Pallonji now holds 34.05 lakh shares in TCS. Shapoorji Pallonji Group (SPG) has sold 19.5 lakh shares in India’s […]

KSTAR to complete 600kwp rooftop PV project in Melaka, Malaysia

Will honour Sterling debt: Shapoorji Pallonji Group

MUMBAI: Shapoorji Pallonji (SP) Group chairman Shapoor Mistry on Sunday said that the diversified enterprise is “fully committed to honouring” its debt obligations towards Sterling and Wilson Solar. The statement came a couple of days after the stock of the group company tanked 20% on Friday following a proposal by promoters SP Group and Khurshed […]

KSTAR to complete 600kwp rooftop PV project in Melaka, Malaysia