Tata Trusts Propose Restructuring of Tata Sons to Avoid Listing
Tata Trusts has proposed restructuring Tata Sons by merging two unlisted units. The move aims to prevent the holding company of the Indian conglomerate from having to list on the stock market.
Tata Trusts, the majority shareholder of Tata Sons Pvt., proposed that the holding company of India’s biggest conglomerate merge with two of its unlisted units to stave off a listing order.
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