Tata Sons raises Tata Electronics’ equity capital to Rs 10,000 crore

Tata Sons increased Tata Electronics’ authorised equity capital to Rs 10,000 crore in the last financial year, a fivefold rise. Given the current paid-up capital of Rs 3,961 crore, this suggests a potential new investment exceeding Rs 6,000 crore, according to a report by The Economic Times.

According to the latest filings with the Registrar of Companies, Tata Sons invested Rs 2,140 crore in equity capital in Tata Electronics in FY24, marking the highest annual investment since the company’s establishment in 2020.