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Dissent aside, Tata Trusts keen to keep Tata Sons private

Hindustan Times Navi Mumbai

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October 13, 2025

Tata Trusts remains committed to its decision to keep Tata Sons private, two Tata executives told Mint, hours after the Shapoorji Pallonji Group issued a public statement seeking a public share sale of the Tata Group holding company.

- Varun Sood & Satish John

An initial public offering (IPO) will dilute Tata Trusts’ shareholding, weaken its voting rights and limit its ability to influence key decisions at Tata Sons, the executives said on the condition of anonymity. Tata Trusts holds nearly 66% in Tata Sons, the holding company of the $300 billion Tata Group, India’s largest conglomerate. Debt-ridden SP Group is the biggest individual shareholder, with 18.37% stake.

However, Tata Trusts is still open to giving an exit to the SP Group over a mutually agreeable period, provided its own interests are maintained, one of the two executives said. “We remain open to providing an orderly exit for the SP Group while safeguarding the Tata Group's interests.”

Article 75 of the Tata Sons Articles of Association gives Tata Trusts the right to buy out SP Group, a provision the latter agreed to when it obtained control of shares in Tata Sons in 1964, the executive said.

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Core industries’ growth eases to 3% in September

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INDIA’S AUTO PLI SCHEMES VIOLATE WTO NORMS, COMPLAINS CHINA

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time to read

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Nominations for Bihar Ph-2 end, Oppn yet to finalise deal

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1 min

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MOTHER, TEEN DAUGHTER KILLED IN KAMOTHE FIRE

A fire ripped through a residential flat in Kamothe, Navi Mumbai, early on Tuesday morning, killing a 17-year-old and her mother. Fire officials suspect that an electrical fault coupled with a gas leak triggered the tragedy.

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Bastion breached: Mosquitoes found in Iceland for first time as warming climate triggers buzz

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time to read

1 min

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Hindustan Times Navi Mumbai

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Mokama braces for a duel of musclemen

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NOT BANNED RSS: K'TAKA CM ISSUES CLARIFICATION ON GOVT CIRCULAR

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{ DANIEL NARODITSKY } 1995-2025 US GM, coach and commentator dies 29

Daniel Naroditsky, a chess Grandmaster who started as a child prodigy and quickly became one of the most influential American voices in the sport, died Monday. He was 29.

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