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Tata Sons listing row: SP Group backs IPO as Tata Trusts opposes public listing
Published: 18/09/26 07:08
New Delhi | India
New Delhi, Sep 18 (UNI) The long-running Tata Sons listing dispute intensified on Friday as Shapoorji Pallonji Group Chairman Shapoorji Pallonji Mistry backed a potential public listing of the Tata Group's holding company, a day after Tata Trusts reiterated its opposition to the move. Mistry welcomed the Reserve Bank of India's decision rejecting Tata Sons' request to surrender its Core Investment Company registration and directing the company to comply with the applicable regulatory framework. He described the RBI's decision as bringing "full clarity" to the issue and said a public listing of Tata Sons was a "social and moral imperative"…