The Economic Times

Noel Tata proposes splitting Tata Sons as alternative to RBI-mandated listing

Noel Tata suggested restructuring Tata Sons into multiple entities. This proposal offers an alternative to listing the holding company. The Tata Sons board is divided on this restructuring versus listing. Shapoorji Pallonji Group supports a public listing of Tata Sons. Any restructuring faces significant regulatory and commercial complexities.