Tata Motors board gives approval for partial divestment of Tata Technologies through IPO

Home-grown automaker Tata Motors on Monday said its board has given in-principle approval for partial divestment of the company's investment in Tata Technologies via the initial public offering (IPO) route.

In a regulatory filing, Tata Motors said the IPO Committee of the company, which met on December 12, 2022, has given its in-principle approval.

The Mumbai-based company said, "We wish to inform you that the IPO Committee at its meeting held on December 12, 2022, has accorded