A company owned by the family of Tata Sons chairman N. Chandrasekaran is developing a ₹330 crore auto‑components park for TVS Motor in Karnataka, a deal that was not disclosed to the Tata Sons board.
Posts tagged as “Tata Sons”
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.
Tata Sons must hold a new AGM before December to decide whether chair N Chandrasekaran retains his director seat, a vote that hinges on the stance of the controlling Tata trusts.
Noel Tata urged a split of Tata Sons at a September board meeting, offering an alternative to the Reserve Bank of India's push for a public listing.
Tata Trusts says the September 17 board resolution to re‑appoint N. Chandrasekaran as chairman of Tata Sons was invalid because the required affirmative support of its nominee directors was not met.
A showdown at Tata Sons sees the board reappointing N Chandrasekaran despite opposition from majority shareholder Tata Trusts, while a public listing of the holding company looms.
Shapoorji Pallonji Group chairman Shapoorji Pallonji Mistry praised the RBI’s ruling on Tata Sons’ listing, while Tata Group shares fell after the holding company confirmed a public‑listing plan and reappointed N. Chandrasekaran.