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Differences aside, Tata Trusts keen to retain Tata Sons as unlisted firm
Mint Ahmedabad
|October 13, 2025
two executives said. Mint could not ascertain if the said trustee discussed his view with others.
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Currently, SP Group cannot sell its Tata Sons shares, constrained by the company's Articles of Association.
(REUTERS)
“There is no change of strategy,” said the second executive, dismissing any softening in stance. The Trusts have already asked Tata Sons to work to stay private, and negotiate an exit for SP Group.
Tata Trusts is manned by seven trustees—chairman Noel Tata, TVS Motor Corp. chairman emeritus Venu Srinivasan; retired defence secretary Vijay Singh; Mumbai-based lawyer Darius Khambata; businessman Mehli Mistry; Citibank India former chief executive officer (CEO) Pramit Jhaveri; and Pune-based philanthropist and businessman Jehangir H.C. Jehangir.
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