Tata Trusts propose strategic reorganisation for Tata Sons Private Limited
Statement says the reorganisation would keep Tata Sons outside RBI core investment company rules and merge Tata Electronics and Tata Consulting Engineers with TSPL.
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Tata Trusts Propose A Strategic Reorganisation For Tata Sons Private Limited - Statement
Tata Sons Pvt Ltd (TATO.NS)
Tata Trusts propose merger plan for Tata Sons; say NBFC, CIC rules won’t apply to new entity
Tata Trusts, which holds a 66 per cent stake in Tata Sons Private Limited (TSPL), announced a strategic reorganisation plan for TSPL. The proposed structure aims to ensure the entity operates without classification as a Non-Banking Financial Company (NBFC) or a Core Investment Company (CIC).Under t…