Noel Tata's latest proposal offers alternative to Tata Sons' listing but Shapoorji Pallonji Group supports going public
Tata Sons listing, Sept. 22 -- In a bid to prevent Tata Sons Private Limited from going public and to dodge the RBI's directives, Tata Sons shareholder Noel Tata has suggested restructuring the Tata Group holding company. In an exclusive ET Bureau report, Noel Tata is not in favour of Tata Sons listing, and the company's board is divided over the RBI's directive to go public.
The ET Bureau report says, "Noel Tata suggested restructuring Tata Sons into multiple entities. This proposal offers an alternative to listing the holding company. The Tata Sons board is divided on whether to restructure or list. Shapoorji Pallonji Group supports a public listing of Tata Sons. Any restructuring faces significant regulatory and commercial complexitie...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.