Tata Sons, the principal holding company of the Tata Group, has announced its intention to sell 2.34 crore shares of Tata Consultancy Services (TCS), one of India's leading IT services companies, aiming to raise at least $1.1 billion. The shares are being offered at a price of ₹4,001 each, with the total sale expected to be around Rs 8300 crore ($1.13 billion). This move is part of Tata Sons' broader fundraising efforts, with the sale proceeds likely aimed at financing its various business operations and investments. The news has had an immediate impact on TCS's stock, which saw a decline following the announcement of the share sale plan.