Tata Trusts Plans Merger with Tata Sons to Avoid RBI Listing
Tata Trusts, holding 65.9% of Tata Sons, proposed merging Tata Electronics Systems Solutions Pvt. Ltd and Tata Consulting Engineers with Tata Sons. This merger aims to remove Tata Sons' Core Investment Company status, helping it avoid RBI's order to list on a stock exchange. Post-merger, Tata Sons will have ₹1,05,043 crore revenue and net assets of ₹2,00,158 crore, with less than 90% invested in group companies, thus not qualifying as an NBFC or CIC.
Mint Companies·3h ago·Mumbai



