Tata Sons Private Limited is the parent company of the

Tata Group The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents ...

and holds the bulk of shareholding in the Tata group of companies including their land holdings across India, tea estates and steel plants. It is a privately owned conglomerate of nearly 100 companies encompassing several primary business sectors: chemicals, consumer products, energy, engineering, information systems, materials, and services. Headquarters are in Mumbai. Tata Sons Private Limited was established as a

trading Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct excha ...

enterprise in 1917, and engaged primarily in the lucrative opium and tea trade with

Mongolia Mongolia; Mongolian script: , , ; lit. "Mongol Nation" or "State of Mongolia" () is a landlocked country in East Asia, bordered by Russia to the north and China to the south. It covers an area of , with a population of just 3.3 million, ...

and China before moving from conducting businesses directly to becoming the principal holding company of Tata Group. About 66% of the equity capital of Tata Sons 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 trus ...

. The biggest two of these trusts are the

Sir Dorabji Tata Trust The Sir Dorabji Tata Trust was established by Sir Dorab Tata (fondly called ''Sir Dorabji''), the elder son of Tata Group founder Jamsetji Tata. Founded in 1932, it is one of the oldest non-sectarian philanthropic organisations in India. Histo ...

and Sir Ratan Tata Trust. Tata Sons is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries. It is one of the largest conglomerates in the Indian subcontinent.

Location

The company is registered and located in Mumbai, India.

Board of Directors

List of Tata sons Board of Directors

Shareholding pattern

and Sir Ratan Tata Trust 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, who died in September, 2022. Total equity shares 404,146 (₹1,000 each)

Conversion to Private Ltd, and internal conflicts

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

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 March 26, 2021, The Supreme Court of India upholds Tata Sons' decision to sack Cyrus Mistry.

References

External links