Tata Sons sets ball rolling for listing after RBI diktat; February 2027 emerges as approximate internal target

Tata Sons began preparing for a public listing soon after the Reserve Bank of India (RBI) directed it to do so last week, with February 2027 emerging as an approximate internal target for a likely market debut, people familiar with the matter said, setting the stage for what could possibly be one of India’s biggest and most closely watched exchange entries.

To be sure, getting an entity like Tata Sons ready for listing will take time, experts pointed out. The preliminary work began before Thursday’s dramatic developments, which saw Tata Trusts chairman Noel Tata, who opposes a listing, pitted against other Tata Sons board members, who were in favour of it.