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Removed empty portal template using script

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	== See also ==		== See also ==
	~~{{Portal\|Companies}}~~
	* [[List of companies of India]]		* [[List of companies of India]]
	* [[List of largest companies by revenue]]		* [[List of largest companies by revenue]]

2409:4065:E1A:8884:0:0:914B:D50B at 09:12, 18 August 2021

2021-08-18T09:12:45Z

New page

{{Short description|Indian holding company}}
{{Use dmy dates|date=April 2019}}
{{Infobox company
| name = Tata Sons
| logo =
| type = [[Holding company|Holding]]
| foundation = {{start date and age|df=yes|1868}}
| founder = [[Tata Group|Tata]]
| location = [[Bombay House]], [[Mumbai]], [[Maharashtra]], [[India]]
| area_served = Worldwide
| key_people = {{Unbulleted_list|[[Tata family]]|[[Ratan Tata]]<br>([[Emeritus|Chairman Emeritus]])|[[Pallonji Mistry]]|Shapoor Mistry|[[Natarajan Chandrasekaran]]<br>([[Group Chairman]])}}
| owner = {{Bulleted_list|[[Tata Trusts]] (66%)|[[Shapoorji Pallonji Group]] (18%)}}
| homepage = {{url|https://www.tata.com/}}
}}

'''Tata Sons Private Limited''' is the [[holding company]] of [[Tata Group]] 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.<ref>{{cite news |last1=Subramanian |first1=N |title=Trusting the family: a short history of Tata sons ownership |url=http://bsmedia.business-standard.com/_media/bs/data/general-file-upload/2016-10/tata%20family%20tree.pdf |date=1 November 2018 |publisher=Business Standard |access-date=1 November 2018 |archive-url=https://web.archive.org/web/20180417043313/http://bsmedia.business-standard.com/_media/bs/data/general-file-upload/2016-10/tata%20family%20tree.pdf |archive-date=17 April 2018 |url-status=live }}</ref>

Tata Sons Private Limited was established as a [[trading]] enterprise in 1868, and engaged primarily in the lucrative [[opium]] and [[tea]] trade with [[Mongolia]] and [[China]]<ref>{{Cite book |last1=Rich |first1=Andrew |title=Think tanks in civil society |journal=International Encyclopedia of Civil Society |pages=1543–1546 |date=1 February 2010 |doi=10.1007/978-0-387-93996-4_99 |isbn=978-0-387-93994-0 }}</ref> 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 biggest two of these trusts are the [[Sir Dorabji Tata Trust]] and [[Sir Ratan Tata Trust]].<ref name="profile">{{cite web|url=https://www.tata.com/business/tata-sons/ | title=Tata Sons via @tatacompanies|access-date=16 May 2017|archive-url=https://web.archive.org/web/20181226203848/https://www.tata.com/company/profile/Tata-Sons|archive-date=26 December 2018|url-status=live}}</ref> 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 South Asia.<ref>{{cite news |last1=Pocha |first1=Jehangir |title=Tata Sons: Passing the Baton |url=http://www.forbesindia.com/article/boardroom/tata-sons-passing-the-baton/31052/1 |work=Forbes |date=12 December 2011 |access-date=1 November 2018 |archive-url=https://web.archive.org/web/20181101135844/http://www.forbesindia.com/article/boardroom/tata-sons-passing-the-baton/31052/1 |archive-date=1 November 2018 |url-status=live }}</ref>

==Location==
The company is registered and located in Mumbai, India.<ref>{{cite web |title=About us |url=http://tatatrusts.org/section/index/about-us |website=www.tatatrusts.org |publisher=Tata trusts – official website |access-date=1 November 2018 |archive-url=https://web.archive.org/web/20181101135943/http://tatatrusts.org/section/index/about-us |archive-date=1 November 2018 |url-status=live }}</ref>

==Board of Directors==
List of Tata sons Board of Directors <ref>{{cite web |title=Leadership |url=https://www.tata.com/management-team |website=www.tata.com |publisher=Tata Sons – official website |access-date=20 Apr 2020 |archive-url=https://web.archive.org/web/20200501051021/https://www.tata.com/management-team |archive-date=1 May 2020 |url-status=live }}</ref>
{| class="wikitable"
!Position
!Personnel
|-
|Chairman
|[[Natarajan Chandrasekaran]] (Chairman, Tata Group)
|-
|Independent director
|Farida Khambata <ref>{{cite web |title=Farida Khambata |url=https://www.cartica.com/about-us/farida-khambata |website=www.cartica.com |publisher=Cartica – Official website |access-date=20 Apr 2020 }}</ref>
|-
|Director
|[[Venu Srinivasan]] (Chairman, [[TVS Group]])
|-
|Non-executive director
|[[Ajay Piramal]] (Chairman, [[Piramal Group]] & [[Shriram Group]])
|-
|Additional director
|[[Ralf Speth]] ([[Chief Executive Officer|CEO]], [[Jaguar Land Rover]])
|-
|Director
|Bhaskar Bhat
|-
|Independent director
|[[Harish Manwani]]
|-
|Director
|Saurabh Agrawal ([[Chief Financial Officer|CFO]], Tata Sons)
|}

==Shareholding Pattern==
[[Sir Dorabji Tata Trust]] and [[Sir Ratan Tata Trust]] are the two biggest shareholders of Tata Sons, with a combined stake of around 50%,<ref name="profile" /> while [[Pallonji Mistry|Pallonji Shapoorji Mistry]] is the largest individual shareholder.<ref>{{cite web|url=https://qz.com/india/818357/pallonji-mistry-an-irish-billionaires-journey-from-outsider-to-kingmaker-to-opponent-at-the-tata-group/|title=Pallonji Mistry—an Indian Irish billionaire's journey from outsider to kingmaker to opponent at the Tata Group|publisher=Quartz India|first=Manu|last=Balachandran|date=26 October 2016}}</ref> Shapoorji Pallonji Mistry, who is Mr. Pallonji's grandfather (and whom he is named after), was a [[Shapoorji Pallonji Group|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.<ref>{{cite web|url=https://economictimes.indiatimes.com/news/company/corporate-trends/tata-sons-how-shapoorji-pallonji-mistry-family-checked-into-the-group/articleshow/10850235.cms|title=Tata Sons: How Shapoorji Pallonji Mistry family checked into the group|publisher=Economic Times|first=Reeba|last=Zachariah|date=13 December 2011|access-date=9 April 2020|archive-url=https://web.archive.org/web/20161029231304/http://economictimes.indiatimes.com/news/company/corporate-trends/tata-sons-how-shapoorji-pallonji-mistry-family-checked-into-the-group/articleshow/10850235.cms|archive-date=29 October 2016|url-status=live}}</ref><ref>{{cite web|url=https://www.bloombergquint.com/business/the-mistry-family-came-on-board-tata-sons-by-chance-and-may-exit-by-force|title=The Mistry Family Came On Board Tata Sons By Chance And May Exit By Force|publisher=Bloomberg Quint|first=Sajeet|last=Manghat|date=5 November 2016}}</ref> Mr. Pallonji's shareholding is divided equally between his two sons, Shapoor Mistry and Cyrus Mistry.

Total equity shares 404,146 (₹10,000 each)

{| class="wikitable sortable"
|-
! Shareholder
! No of shares
! Share-holding percentage
|-
| Pallonji Shapoorji Mistry
| 108
|0.02672
|-
| Sterling Investment Corporation Pvt. Ltd.
([[Shapoorji Pallonji Group]])
|37122
|9.18529
|-
|Cyrus Investments Pvt. Ltd.
([[Shapoorji Pallonji Group]])
|37122
|9.18529
|-
|[[Ratan Tata]]
|3368
|0.83336
|-
|[[Sir Dorabji Tata Trust]]
|113067
|27.97677
|-
|[[Sir Ratan Tata Trust]]
|95211
|23.55857
|-
|[[Tata Investment Corp]]
|326
|0.08066
|-
|Sarvajanik Seva Trust
|396
|0.09798
|-
|RD Tata Trust
|8838
|2.18683
|-
|Tata Social Welfare Trust
|15075
|3.73009
|-
|Tata Education Trust
|15075
|3.73009
|-
|JRD Tata Trust
|16200
|4.00845
|-
|[[Tata Power]]
|6673
|1.65114
|-
|[[Tata Consumer Products]]
|1755
|0.43425
|-
|[[The Indian Hotels Company]]
|4500
|1.11346
|-
|Tata Industries Ltd.
|2295
|0.56786
|-
|[[Tata Chemicals]]
|10237
|2.53300
|-
|[[Tata Steel]]
|12375
|3.06201
|-
|Tata International Ltd.
|1477
|0.36546
|-
|[[Tata Motors]]
|12375
|3.06201
|-
|Mrs. Piloo Minocher Tata
|487
|0.12050
|-
|Jimmy N. Tata
|3262
|0.80713
|-
|Mrs. Vera Farhad Choksey
|157
|0.03885
|-
|Jimmy Minocher Tata
|157
|0.03885
|-
|[[Simone Tata]]
|8
|0.00198
|-
|[[Noel Tata]]
|4058
|1.00409
|-
|HH Maharawal Virendra Singh Chauhan
(Raja of [[Chhota Udaipur|Chhota Udepur]])<ref>{{Cite news|url=https://scroll.in/magazine/831698/the-mysterious-man-who-owns-one-solitary-share-in-the-unlisted-tata-sons|title=The mysterious man who owns one solitary share in the unlisted Tata Sons|last=Alikhan|first=Anvar|work=Scroll.in|date=28 March 2017|language=en-US|access-date=28 March 2017|archive-url=https://web.archive.org/web/20170328183747/https://scroll.in/magazine/831698/the-mysterious-man-who-owns-one-solitary-share-in-the-unlisted-tata-sons|archive-date=28 March 2017|url-status=live}}</ref>
|1
|0.00025
|-
|MK Tata Trust
|2421
|0.59904
|}

== Conversion to Private Ltd, and Internal Conflicts ==
[[Natarajan Chandrasekaran]] 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;<ref>{{cite web |url=https://timesofindia.indiatimes.com/business/india-business/tata-sons-looks-to-shed-its-public-ltd-tag-for-pvt-ltd/articleshow/60705040.cms |title=Tata Sons looks to shed its public ltd tag for pvt ltd |work=Times of India |access-date=9 July 2018 |date=16 September 2017 |archive-url=https://web.archive.org/web/20180828172725/https://timesofindia.indiatimes.com/business/india-business/tata-sons-looks-to-shed-its-public-ltd-tag-for-pvt-ltd/articleshow/60705040.cms |archive-date=28 August 2018 |url-status=live }}</ref><ref>{{cite news |url=https://economictimes.indiatimes.com/markets/stocks/news/shareholders-approve-tata-sons-move-to-become-private-entity/articleshow/60780879.cms |title=Tata Sons' shareholders vote to become a private company |work=Economic Times |date=22 Sep 2017 |last1=Mandavia |first1=Megha |access-date=9 July 2018 |archive-url=https://web.archive.org/web/20180709185122/https://economictimes.indiatimes.com/markets/stocks/news/shareholders-approve-tata-sons-move-to-become-private-entity/articleshow/60780879.cms |archive-date=9 July 2018 |url-status=live }}</ref> both these decisions were challenged in court by former executive chairman [[Cyrus Mistry]].<ref>{{cite news |last1=ET NOW |title=NCLAT refuses to stay Tata Sons conversion to private co |url=https://economictimes.indiatimes.com/news/company/corporate-trends/nclat-refuses-to-stay-tata-sons-conversion-to-private-co/videoshow/65527292.cms|agency=Times of India |publisher=The Economic Times |date=24 August 2018}}</ref>
In December 2019, [[National Company Law Appellate Tribunal|NCLAT]] declared the conversion, and by extension, Mr Chandrasekaran's chairmanship, illegal and restored Mistry. On 10 January 2020, however, the Supreme Court stayed NCLAT's order;<ref>{{cite web|url=https://economictimes.indiatimes.com/news/company/corporate-trends/tata-vs-mistry-supreme-court-stays-nclat-order-favouring-cyrus-mistry/articleshow/73184138.cms?|title=Tata vs Mistry: Supreme Court stays NCLAT order favouring Cyrus Mistry|last=Rautray|first=Samanwaya|date=11 January 2020|work=The Economic Times|access-date=22 January 2020|archive-url=https://web.archive.org/web/20200316141936/https://economictimes.indiatimes.com/news/company/corporate-trends/tata-vs-mistry-supreme-court-stays-nclat-order-favouring-cyrus-mistry/articleshow/73184138.cms|archive-date=16 March 2020|url-status=live}}</ref><ref>{{cite news|url=https://www.business-standard.com/podcast/companies/how-cyrus-mistry-won-the-battle-to-reclaim-chairmanship-of-tata-sons-119121801347_1.html|title=How Cyrus Mistry won the battle to reclaim chairmanship of Tata Sons|last=Roy|first=Sukanya|work=Business Standard|date=2 January 2020|access-date=9 April 2020|archive-url=https://web.archive.org/web/20200404032829/https://www.business-standard.com/podcast/companies/how-cyrus-mistry-won-the-battle-to-reclaim-chairmanship-of-tata-sons-119121801347_1.html|archive-date=4 April 2020|url-status=live}}</ref> in response, Mr. Mistry has filed a cross appeal in the court, seeking explanations for anomalies in the NCLAT.<ref>{{cite web|url=https://www.bloombergquint.com/business/tata-mistry-case-cyrus-mistry-files-appeal-in-supreme-court-seeking-more-relief-from-nclat|title=Tata-Mistry Case: Cyrus Mistry Files Appeal In Supreme Court Seeking More Relief From NCLAT|website=BloombergQuint|publisher=Bloomberg Quint|access-date=21 February 2020|archive-url=https://web.archive.org/web/20200221153534/https://www.bloombergquint.com/business/tata-mistry-case-cyrus-mistry-files-appeal-in-supreme-court-seeking-more-relief-from-nclat|archive-date=21 February 2020|url-status=live}}</ref> On March 26, 2021 Supreme Court of India upholds Tata Sons' decision to sack Cyrus Mistry ..

Read more at:
http://timesofindia.indiatimes.com/articleshow/81701642.cms

== See also ==
{{Portal|Companies}}
* [[List of companies of India]]
* [[List of largest companies by revenue]]
* [[List of corporations by market capitalization]]
* [[Make in India]]
* [[Forbes Global 2000]]
* [[Fortune India 500]]
* [[Tata Group]]

==References==
{{Reflist}}

==External links==
* [https://www.tata.com/business/tata-sons Tata Sons' official profile]
* [https://www.businesstoday.in/current/economy-politics/a-brief-history-of-the-tata-groups-six-charmen/story/238925.html ''Here's a brief history of the Tata Group's six chairmen'']
* [https://books.google.com/books/about/Twentieth_Century_Impressions_of_Hongkon.html?id=tQI_AQAAIAAJ&printsec=frontcover&source=kp_read_button#v=onepage&q=tata&f=false ''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.]

{{Tata Group}}
{{Authority control}}

[[Category:Tata Sons| ]]
[[Category:Holding companies of India]]
[[Category:Holding companies established in 1912]]
[[Category:Indian companies established in 1912]]

Tata Sons - Revision history

CleanupBot II: Removed empty portal template using script

2409:4065:E1A:8884:0:0:914B:D50B at 09:12, 18 August 2021