SEBI approves Tata Tech IPO, 1st public issue from Tatas after 19 years

The SEBI has approved the IPO of Tata Technologies which will mark the first public issue from the Tata Group after 19 years. According to draft papers filed by the company with SEBI in March, the issue is entirely an offer for sale. Under this, existing promoters and shareholders will offload up to 95.71 million shares via the IPO.