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Tata Sons listing push puts Mistry family’s 18.4% stake in focus

Tata Sons is advancing a potential stock-market listing after the banking regulator reportedly denied an exemption. The Mistry family’s 18.4% stake could become more liquid, helping debt-laden Shapoorji Pallonji raise funds and potentially reshaping Tata Sons governance.

Tata Trusts hold about 66% of Tata Sons; the Mistry family holds 18.4%
  • Stake in Tata Sons held by Tata Trustsapproximately 66%
  • Stake in Tata Sons held by the Mistry family18.4%

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  2. Srinivasan, Singh allege trustee exclusion from Tata Sons merger proposal, , Financial Express

Reported figures

From the report. Source details below

Tata Sons board decision on 17 September
Cyrus Mistry removed as chairman in 2016

Also in the report

  • approximately 66% stake held by Tata Trusts
  • N. Chandrasekaran's term extended by five years

The source

Source Read the source at Business Today

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