Tata Trusts proposes Tata Sons restructuring to avoid listing
- Tata Trusts proposes restructuring Tata Sons to avoid its financial company classification and a mandatory public listing.
- The plan involves merging Tata Electronics Systems Solutions and Tata Consulting Engineers into Tata Sons.
- The restructuring could take Tata Sons outside the NBFC and Core Investment Company frameworks.
- The proposal comes amid differences over Tata Sons’ listing and N Chandrasekaran’s reappointment as chairman.
Source: hindustantimes.com
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