Shapoor Mistry pushes for listing of Tata Sons
Mumbai, April 11 -- The Shapoorji Pallonji Group has once again weighed in on the matter of the Tata Sons listing, making the most of the disorder created after two vice-chairmen of Tata Trusts broke ranks this week to back a public-market debut for the holding company of the diversified Tata Group. "As I have stated earlier, we would like to reiterate that a timely listing of Tata Sons is not merely a regulatory compliance but a necessary evolution. One that will reinforce corporate governance, deepen transparency and accountability," Shapoor Mistry, chair of the SP Group, said in a statement on Friday.
The SP Group is the largest minority shareholder of Tata Sons, with an 18.37% stake. A listing of Tata Sons could help the engineering and...
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