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Tata Power says Singapore shares pledged with banks, safe from immediate seizure

Mint11 November 2026 at 9:05 pm IST
Image: Mint

The Singapore High Court has directed the city's sheriff to attach and sell Tata Power's shares in Bhira Investments Pte. Ltd. and Tata Power International Pte. Ltd to recover the $650 million it owes Kleros Capital as part of an arbitration award over a coal project in Russia.

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