The stake, held by TPG Rise Climate SF Pte Ltd, amounts to 2.1% of the company’s equity. The deal is being managed by investment bank BofA Securities and has been launched as a clean-up trade, sources said.
The floor price for the transaction has been set at ₹744.5 per share, representing a discount of around 3% to Tata Technologies’ closing price of ₹767.50 on the NSE as of June 3, 2025. According to a termsheet reviewed by
Moneycontrol, the offer price range spans from ₹744.5 to ₹767.5 per share, valuing the total deal at approximately $74 million (₹634 crore).
TPG’s planned exit follows a strong run in Tata Technologies’ stock, which has gained over 15% in the past month. Neither TPG nor BofA Securities has provided an official comment on the deal so far.
