Tata SIA Airlines Limited announced that it has issued 750,000,000 common shares at a price of INR 10 per share for gross proceeds of INR 7,500,000,000 on August 10, 2021. The transaction included participation from existing investors, Tata Sons Private Limited for 382,500,000 shares for proceeds of INR 3,825,000,000, and Singapore Airlines Limited for 367,500,000 shares for proceeds of INR 3,675,000,000. Post-closing, Tata Sons Private Limited and Singapore Airlines Limited retained 51% stake, and 49% stake in the company, respectively.