Shapoorji Pallonji Lenders Eye $1.2 Billion Debt Rollover Amid Repayment Woes

• Lenders to Shapoorji Pallonji (SP) Group are likely to roll over $1.2 billion in debt.
• This marks a potential second rollover, as previous repayments due in December were pushed to April 2026.
• SP Group faces challenges mobilizing funds, partly due to uncertainty over exiting its stake in Tata Sons.
• Recent developments at Tata Sons, including discussions on keeping it unlisted, complicate SP Group's exit prospects.
• The Mistry family's promoter-level debt is estimated at Rs 25,000–30,000 crore, half of the group’s total debt.