BusinessTata Trusts Propose Merger to Keep Tata Sons Unlisted
Tata Trusts, holding 66% of Tata Sons, proposed merging two key Tata companies—Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE)—into Tata Sons Private Ltd (TSPL) to prevent Tata Sons from listing on the stock market. The merger aims to remove Tata Sons from the NBFC and Core Investment Company categories. The plan was unanimously approved in July 2025 under Noel Tata's leadership to maintain Tata Sons as a private entity, significantly altering its income and asset structure.
Amar Business·15h ago


