Tata Sons Pvt. Ltd. is the

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

of the

Tata Group The Tata Group () is an Indian multinational conglomerate group of companies headquartered in Mumbai. Established in 1868, it is India's largest business conglomerate, with products and services in over 160 countries, and operations in 100 c ...

, headquartered in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

. It owns the bulk of shareholding in the Tata group of companies including their land holdings across India, tea estates and steel plants, and derives its revenue from dividends from these companies and brand loyalty fees. Tata Sons is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries. Tata Sons was established as a trading enterprise in 1917, and engaged primarily in the overseeing of profits and structuring them into the right direction of the

, before moving from conducting businesses directly to becoming the principal holding company of Tata Group. About 66% of its equity capital is held by philanthropic trusts endowed by members of the

Tata family The Tata family is an Indian business family, based in Mumbai, India. The parent company is Tata Sons, which is the main holding company of the Tata Group. About 65% of the stock in these companies is owned by various Tata family charitable trust ...

. The biggest two of these trusts are the Sir Dorabji Tata Trust and

Sir Ratan Tata Trust Sir Ratan Tata Trust (SRTT) was founded in 1919 with a sum of Indian currency 8 million. It was under the Ownership of Ratan Tata until his death. Noel Tata was appointed as the Chairman of the Tata Group#Tata Trusts, Tata Trusts on 11 October ...

History

Natarajan Chandrasekaran Natarajan Chandrasekaran (born 2 June 1963) is an Indian businessman, and the chairman of Tata Sons and Tata Group. He was chief operating officer (COO) and executive director of Tata Consultancy Services (TCS), where in 2009, he became chief ...

took over as Chairman of Tata Sons on 21 February 2017. The company also undertook conversion from a public limited company to a private limited one in 2017; both these decisions were challenged in court by former executive chairman Cyrus Mistry. In December 2019, NCLAT declared the conversion, and by extension, Chandrasekaran's chairmanship, illegal and restored Mistry. On 10 January 2020, however, the Supreme Court stayed NCLAT's order; in response, Mistry filed a cross appeal in the court, seeking explanations for anomalies in the NCLAT. On 26 March 2021, the Supreme Court of India upheld Tata Sons' decision to sack Cyrus Mistry. In March 2024, speculation arose about Tata Sons preparing for an

Initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

(IPO), potentially valuing the company at up to $96 billion, according to investment advisory firm Spark. In November 2024, Tata Sons reached an agreement with Singapore Airlines which saw Indian full-service carrier Vistara merge with Tata-owned Air India to form a single entity with an expanded network and broader fleet.

Board of directors

The Tata Sons Board of Directors consists of the following:

Shareholding pattern

Sir Dorabji Tata Trust and

are the two biggest shareholders of Tata Sons, with a combined stake of around 50%, while Pallonji Shapoorji Mistry was the largest individual shareholder. Pallonji's father, Shapoorji Pallonji Mistry, was a prominent construction magnate who acquired a significant stake of Tata Sons in the 1930s initially from Framroze Edulji Dinshaw, and finally when JRD Tata's younger brother, Dorab, sold his shares in a fit of anger. Pallonji's shareholding was divided equally between his two sons, Shapoor Mistry and

Cyrus Mistry Cyrus Pallonji Mistry (4 July 1968 – 4 September 2022) was an Indian-born Irish billionaire businessman. He was the chairman of the Tata Group, an Indian business conglomerate, from 2012 to 2016. He was the sixth chairman of the group, ...

, who died in September 2022. * Total equity shares: 404,146 (₹10 each)

References

External links

Tata Sons' official profile

''Twentieth Century Impressions of Hongkong, Shanghai, and Other Treaty Ports of China: Their History, People, Commerce, Industries, and Resources'', Volume 1
by Arnold Wright; Lloyds Greater Britain publishing company, UK; 1908, pp. 228 & 638.] {{Authority control Tata Sons, Holding companies established in 1917 Holding companies of India Indian companies established in 1917

History

Board of directors

Shareholding pattern

See also

References

External links