Page 2 - Tata Trusts

Tata stocks drop amid concerns over listing; Titan and TCS lead decline

Titan and TCS led declines in Tata Group stocks as investor sentiment weakened amid broader market volatility and uncertainty over Tata Sons' listing

Why Tata Sons faces a listing mandate and how Tata Trusts hopes to avoid it

After the RBI classified Tata Sons for listing in 2022, Tata Trusts first sought to end its NBFC status and, after that bid failed, proposed merging two operating businesses into the holding company

Tata Trusts proposes restructuring to keep Tata Sons private, avoid listing

Tata Trusts wants to merge two operating businesses into Tata Sons, arguing that the combined revenue and assets would take it outside the NBFC and CIC framework and allow it to remain unlisted

Tata Trusts propose Tata Sons rejig to shed NBFC status, keep it private

Tata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to help it shed its NBFC and CIC classifications and remain unlisted

Going public: How listing changes company's compliance, governance, culture

Once shares begin trading, management must report to investors through financial results, material disclosures and regular shareholder communication

Total recall: Behind the Tata Trusts vs Tata Sons row and boardroom battle

The boardroom battle in India's top industrial conglomerate leaves a trail of unanswered questions

Explainer: Why Tata Sons and Tata Trusts are locked in a power struggle

Tata Sons and its 66% shareholder Tata Trusts are at odds over N Chandrasekaran's reappointment and a possible listing

Tata dispute sends India Inc scrambling to shore up shareholder rights

Tata's governance clash is raising the alarm among Indian companies about how far a board can go to overrule a majority shareholder

Tata Sons defends Chandra's reappointment, sends 3 legal opinions to Trusts

Tata Trusts studying the response before any legal recourse

Chandra's third term: Why Tata Trusts and Tata Sons read the rules differently

A 4:1 board vote has opened a legal battle over Tata Sons' Articles, the Trusts' special voting rights and whether a casting vote can override their opposition to Chandrasekaran's reappointment

JPMorgan's Dimon backs Chandrasekaran, warns Tata rift could hit investment

Dimon's remarks come as Tata Sons' board faces-off with its controlling shareholder Tata Trusts, a clash that is increasingly drawing scrutiny from investors and policymakers

Tata's rival camps line up top lawyers ahead of looming legal battle

Both sides are being advised by lawyers who have represented India's biggest companies, and have also recently hired senior counsel who are among the country's top litigators

Dispute over third term for Chandrasekaran: The many shades of AoA

Legal opinion with Tata Sons suggests casting vote in order

Tata Trusts calls Chandra's reappointment 'void', questions casting vote

Tata Trusts says the September 17 resolution failed the Article 121 test as its two nominees split 1-1

Tata Sons row: 'Separation of ownership and control may offer a solution'

Separation of ownership and control could increasingly be an option for businesses across the world, according to Cohen, who's a top global family enterprise academic

Asset restructuring among Tata Sons' options to avoid a public listing

One possible route would be to reduce Tata Sons' relevant asset base below the ₹1 trillion threshold for classification as an upper-layer NBFC, according to a former regulatory official

Tata Group firms shed $4 billion in market value amid holding company rift

Shares of India's Tata Group companies lost $4 billion in market value on Friday, as investors reacted to heightened uncertainty over the potential listing and leadership of holding company Tata Sons

Will Tata Sons list? 4 key questions on RBI rules, board, and Trusts

The dramatic September 17 board meeting has left the Tata Sons listing at an interesting juncture, with Noel Tata-led Tata Trusts saying no to it. Here are the four questions that remain unanswered

Tata stocks fall up to 8% amid rift over Tata Sons listing, Chandra's term

Tata Sons cleared N. Chandrasekaran's five-year reappointment and its proposed listing. Tata Trusts has opposed both the reappointment and listing, citing the Trusts' public-purpose role in the group.

Have not agreed to listing, Tata Sons board to meet again: Tata Trusts

The Trusts said in a statement that these options will be assessed by the Board on an immediate basis, after which a separate Board meeting will be convened to consider that assessment