Pritish Nandy Communications on Monday said veteran industrialist Ratan Tata has invested in the company. Details about investment and stake were not disclosed.
“Ratan Tata, Chairman Emeritus of Tata Sons and Chairman of Tata Trusts, has, in his personal capacity, acquired a stake in Pritish Nandy Communications Ltd through market purchases last week,” Pritish Nandy Communications said in a regulatory filing.
Tata invests in start-ups and technology companies, the company added.
Shares of Pritish Nandy Communications were trading 9.81 per cent higher at Rs 23.50 apiece on BSE.
Also read: 50 years of ‘Anand’: Has the consumer changed ever since?