Sebi to vet Tata Sons bid to go private, evaluate minority interest

Evaluating minority interest in listed Tata companies' stake in firm

The Securities and Exchange Board of India (Sebi) is looking at whether Tata Sons’ plan of becoming a private limited company from a public one would impact shareholders, especially minority shareholders of listed Tata entities that own shares in Tata Sons. 

If the company were to become a private one there would be restrictions on these listed firms to sell or transfer their stake to any entity. 

Tata Sons shareholders had voted in favour of going private and the resolution was cleared with a majority during the annual general meeting (AGM) on September 21 last year. 

According to sources, the