Noel Tata proposes splitting Tata Sons as alternative to RBI-mandated listing
Mumbai: Tata Trusts chairman Noel Tata has suggested that Tata Sons explore a restructuring exercise, including potentially splitting it into several entities, as an alternative to listing the conglomerate’s holding company to meet Reserve Bank of India (RBI) requirements, people familiar with the matter said.
He had made the proposal at the Tata Sons board meeting on September 17, but it wasn’t clear whether the board would consider it, the people said.
