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Tata leadership transition, IPO unlikely to impact ratings, S&P Global says

S&P Global said a potential Tata Sons leadership transition or listing would not immediately affect group company ratings, with financial policy changes likely to be gradual. The agency said a listing would be credit-neutral near term, though greater scrutiny of capital allocation, shareholder returns and support for weaker group companies could affect its longer-term assessment.

29 Sep 2026 1:02 pm