Venu Srinivasan and Vijay Singh, vice‑chairmen of Tata Trusts, have formally questioned Noel Tata’s proposal to merge two Tata Sons subsidiaries, arguing the move was taken without proper trust board approval.
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Tata Trusts has outlined a plan to merge two subsidiaries with Tata Sons, aiming to remove NBFC and CIC classifications and avoid a mandatory public listing.
A split vote at Tata Sons' board on September 17 2026 reignited a power struggle between Tata Trusts and the conglomerate over the re‑appointment of N Chandrasekaran and a potential stock‑exchange listing.
The clash over N Chandrasekaran’s third term as Tata Sons chair has reignited discussion on whether separating ownership from control is a viable model for Indian conglomerates.
Indian equities opened higher on Sept. 15, with the NIFTY50 up over 40 points as investors eyed HDFC Bank’s succession plan, Tata Group’s listing setback and several corporate updates.
Shares of Tata Group companies jumped on September 15 after the RBI rejected Tata Sons' request to surrender its core investment company status, reviving expectations of a public listing.
Maharashtra’s charity commissioner has directed trustees of the Navajbai Ratan Tata Trust to examine whether Ratan Tata’s bequest of a 0.83% stake in Tata Sons, worth over Rs 10,000 crore, breaches conditions attached to the original 1989 transfer.
Noel Tata and Shapoorji Group are negotiating a share‑swap or alternative buyout to resolve SP Group’s 18.4% holding in Tata Sons, with a deadline tied to a high‑yield bond issue.