Noel Tata Proposes Splitting Tata Sons Instead of RBI-Mandated Listing

Noel Tata has proposed restructuring Tata Sons into multiple entities as an alternative to the RBI-mandated public listing of the holding company. The Tata Sons board is currently divided on whether to pursue this restructuring or proceed with the listing. The Shapoorji Pallonji Group favors the public listing, while any restructuring plan faces significant regulatory and commercial challenges.

Originally published by gnews