BusinessTata Group Stocks Fall on Tata Trusts' Holdco Merger Proposal
On 29 September, most Tata Group stocks, including Tata Teleservices, Tata Motors PV, Titan, TCS, and Tata Steel, fell up to 5% following reports that Tata Trusts proposed merging two operating companies, Tata Electronics Systems Solutions and Tata Consulting Engineers, with Tata Sons. The restructuring aims to avoid regulatory classification as a core investment company and the need for a stock market listing. Tata Trusts has requested Tata Sons' board to seek RBI's no-objection certificate for the plan.
Mint Markets·4h ago



