Tuesday , September 29 2026

Tag Archives: N Chandrasekaran

Tata Trusts Propose Merging TESS and TCE with Tata Sons to Exit NBFC Tag and Avoid Listing

In a dramatic strategic move aimed at resolving the regulatory deadlock over public listing mandates, Tata Trusts—holding a controlling 66% stake in Tata Sons Private Limited (TSPL)—has formally proposed merging two major operating subsidiaries into the conglomerate’s apex holding company. By amalgamating Tata Electronics Systems Solutions Private Limited (TESS) and …

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