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TATA SONS MISSING IPO DEADLINE Entity can continue to do biz till registration isn’t cancelled: RBI
Financial Express Mumbai
|October 02, 2025
AMID INTENSE SPECULATION over Tata Sons’ perceived noncompliance with the RBI’s mandate to list, Governor Sanjay Malhotra on Wednesday said an entity can continue to do business till its registration is not cancelled.
The central bank had asked a set of entities, including Tata Sons, the holding company of the salt-to-software conglomerate, to list by September 30 this year. In response, Tata Sons had last year applied to surrender its core investment company (CIC) registration to avoid the listing mandate, but the central bank is reportedly yet to take a decision on the application.
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