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Tata Motors subsidiary Tata Technologies files DRHP with SEBI for IPO
Tata Technologies Ltd., a subsidiary of Tata Motors Ltd., has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering. The company plans on selling up to 9.5 crore shares, representing approximately 23.6 percent of its paid-up share capital through the IPO, according to the exchange filing.