Tata Trusts proposes merging Tata Electronics and TCE with Tata Sons to keep it unlisted, seeking RBI approval and regulatory reclassification.

Sept 29 : Tata group shares fell on Tuesday after the controlling charities proposed a restructuring of the holding company to prevent a central-bank-mandated listing, disappointing some investors.A group of Tata charities collectively known as Tata Trusts on Monday proposed merging two group entities with Ta

Sept 29 : Tata group shares fell on Tuesday after the controlling charities proposed a restructuring of the holding company to prevent a central-bank-mandated listing, disappointing some investors.A group of Tata charities collectively known as Tata Trusts on Monday proposed merging two group entities with Ta

The proposal involves merging two companies -- Tata Electronics Systems Solutions Private Limited (TESS) and Tata Consulting Engineers (TCE) -- with Tata Sons Private Limited (TSPL).

Sept 29 : Shares of Tata group companies fell on Tuesday after Tata Trusts proposed a restructuring of the holding company in a bid to sidestep a central bank requirement for the conglomerate to list its shares. Tata Motors Passenger Vehicles dropped 2.8 per cent and Tata Investment lost 2.4 per cent by 9:

Tata Trusts said the proposed structure is intended to be regulatory-compliant while preserving the Tata Group's more than 100-year-old organisational structure.