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Tata Sons seeks CCI clearance to acquire additional 10% stake in Tata Play
Update / Judgement Date
24 Jan 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Tata Sons has sought clearance from the Competition Commission of India (CCI) to acquire an additional 10% stake in Tata Play. The move will increase Tata Sons' control over Tata Play, a leading direct-to-home (DTH) service provider in India. The acquisition aligns with Tata Sons’ strategy to strengthen its presence in the media and entertainment sector. Once approved, the deal will further consolidate Tata Sons' ownership and influence over Tata Play, helping the company expand its offerings in the competitive DTH market.