Tata Sons Faces Deadline to List on Stock Exchange Amid Family Divisions

MUMBAI, DECEMBER 8: It's a day-and-a-half battle for Tata Sons, the holding company of the Tata Group, which has classified Tata Sons as an'Upper Layer'NBFC (shadow bank), making it mandatory for the company to be listed on the stock exchange by September 2025, as per the rules. The future of this IPO will be decided at the Tata Trusts board meeting today, May 8. Surprisingly, there are two factions in the Tata family. On the one hand, listing is being advocated for transparency, on the other hand, Noel Tata is strongly opposed to this listing, because after listing, general investors and SEBI will have more control over Tata Sons. If Tata Sons'IPO comes on the market, it could be the biggest in the history of the Indian stock market. However, the biggest jackpot of this listing will be Shapoorji Pallonji (Tata Group).