BusinessTata Trusts Propose Merger to Keep Tata Sons Private
Tata Trusts, holding a 66% stake in Tata Sons, announced a strategic reorganisation plan to prevent the public listing of Tata Sons Private Limited (TSPL). The plan involves merging Tata Electronics Systems Solutions Private Limited and Tata Consulting Engineers with TSPL. Post-merger, TSPL will no longer be classified as a Non-Banking Financial Company or Core Investment Company. This move follows tensions over the reappointment of N Chandrasekaran and listing plans.
Deccan Herald·15h ago·Bengaluru


