Why Tata Trusts is proposing a strategic reorganisation plan for Tata Sons

Tata Sons is caught in a boardroom battle over whether it should go public or remain private. Tata Trusts has proposed restructuring Tata Sons by merging Tata Electronics Systems Solutions and Tata Consulting Engineers into the holding company, potentially taking it outside the RBI’s NBFC and CIC frameworks and avoiding the listing requirement. The restructuring would require approval from the Tata Sons board and the RBI’s prior no-objection.