Shapoorji Pallonji Welcomes RBI Decision on Tata Sons Listing; Seeks Closer Ties with Tata Trusts

Shapoor Mistry backs Tata Sons listing, calls it a social and moral imperative

Shapoorji Pallonji Mistry welcomed the RBI's decision and said it clears the way for Tata Sons to pursue listing compliance. He said a public listing could deepen transparency, accountability and cooperation across the Tata institution.

Shapoorji Pallonji, Second Largest Shareholder in Tata Sons, Backs Listing, Calls It Key to Transparency and Accountability

Get latest articles and stories on Business at LatestLY. The Shapoorji Pallonji Group, second largest shareholder in Tata Sons, has backed the public listing of Tata Sons, saying the move would strengthen transparency, accountability and governance at the Tata Group's holding company. Business News | Shapoorji Pallonji, Second Largest Shareholder in Tata Sons, Backs Listing, Calls It Key to Transparency and Accountability.

Amid Tata group power struggle, Shapoor Mistry backs RBI’s call on Tata Sons listing; full text of statement

Mistry’s family-owned Shapoorji Pallonji Group holds about 18.4% in Tata Sons. He said the RBI decision had brought “full clarity” and expressed his intention to work constructively with Tata Sons and the Tata Trusts on the holding company’s future.

Listing of Tata Sons shares an imperative, says Shapoorji Pallonji group

Listing of Tata Sons shares is a social and moral imperative, Shapoorji Pallonji Group (SP group ) has said, highlighting difference with Tata Trusts chairman Noel Tata who is opposed to a share sale.

SP Group Chairman Shapoor Mistry backs RBI move on Tata Sons, says listing can boost accountability

In a statement he said the move could mark a turning point for transparency and accountability at the Tata group's holding company.

SP Group’s Shapoor Mistry backs RBI decision on Tata Sons

SP Group chairman Shapoor Mistry says RBI’s rejection of Tata Sons’ deregistration application provides a clear path towards listing and greater public accountability.