Indian real estate to automaker Tata Sons has acquired a stake in automaker Tata Motors, part of Tata Group.
Tata Sons acquired nearly 12 million shares of Tata Motors at $2.17 a piece, representing about 0.3 percent.
Tata Sons paid over 183 crore rupees ($26 million) for the stake in Tata Motors which boosted its stake to 37.6 percent.
In the fiscal year 2018, Tata Motors Group generated about $43.91 billion in revenue.