The legal battle between the Tata Group and Cyrus Mistry has been going on for almost 4 years, which now seems to be over. On Thursday, the Shapoorji Pallonji Group submitted a plan to part ways with the Tata group to the Supreme Court. The relationship between the Shapoorji Pallonji (SP) group and the Tata is almost seven decades old. Cyrus Mistry was removed as chairman of Tata Sons on October 28, 2016.

On behalf of the Mistry family, the Supreme Court has stated that the value of his participation in Tata is Rs 1.75 lakh crore. The Shapoorji Pallonji Group has claimed in court that Tata Sons is effectively a two-group company, including the Tata Trusts in the Tata group, members of the Tata family and Tata companies. His total equity share capital in Tata Sons is 81.6%. On the other hand, the Mistry family holds the remaining 18.37%.

The Mistry family holds 18.37% stake in Tata Sons. While the Shaporji Pallonji (SP) group wants to sell its stake in Tata Sons, the Tata group is ready to buy the partnership. The Tata group had given this information in the Supreme Court recently. Shapoorji Pallonji (SP) Group, owned by the Mistry family, told the Supreme Court that the valuation of the partnership has been done on the basis of all listed shares, unlisted shares, brands, cash and immovable properties. Shapoorji Pallonji Group's 18.37% stake in Tata Sons is valued at Rs 1,75,000 crore accordingly.

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