Tata Sons IPO: Who holds shares & who the cards
Tata Sons’ board has backed a fresh five-year term for executive chairman N Chandrasekaran and steps to comply with RBI requirements that could lead to a public listing, deepening a dispute with Tata Trusts chairman Noel Tata. The Trusts, which own about 66 per cent of the company, have challenged the reappointment and say they have not agreed to a listing.The September 17 decisions put the spotlight on who can shape the future of the Tata Group’s holding company. The Trusts hold the majority o…
