Tata Sons

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Tata Sons
Private
Founded1868; 151 years ago (1868)
FounderTata
HeadquartersMumbai, Maharashtra, India
Area served
Worldwide
Key people
Ratan Tata
Tata family
Websitewww.tata.com

Tata Sons Private Limited is the holding company of the 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.[1]

Tata Sons Private Limited was established as a trading enterprise in 1868, engaged primarily in the lucrative opium and tea trade with Mongolia and China.[2] 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.[3] 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.[4]

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;[5][6] the decision remains pending with NCLAT, as of August 2018.[7]

Location[edit]

The company is registered and located in Mumbai, India.[8]

Operating companies under Tata Sons[edit]

Board of Directors[edit]

  1. Natarajan Chandrasekaran Chairman
  2. Venu Srinivasan, Chairman & MD of TVS Motor
  3. Harish Manwani
  4. Ronen Sen
  5. Farida Khambata
  6. Ajay Piramal, Chairman of Piramal Group & Shriram Group
  7. Amit Chandra
  8. Ralf Speth, CEO Jaguar Land Rover
  9. Bhaskar Bhat, CEO Titan Company
  10. Saurabh Agrawal, Group CFO[9]

Shareholding Pattern[edit]

Total equity shares 404,142 (₹1,000 each)

Shareholder No of shares Share-holding percentage
Shapoorji Pallonji Group 108 0.026723
Sterling Investment Corp

Shapoorji Pallonji Group

37120 9.18489
Cyrus Investments

(Shapoorji Pallonji Group)

37120 9.18489
Ratan Tata 3368 0.83337
Sir Dorabji Tata Trust 113067 27.97705
Sir Ratan Tata Trust 95211 23.5588
Tata Investment Corp 326 0.080665
Sarvajanik Seva Trust 396 0.097985
RD Tata Trust 8838 2.186855
Tata Social Welfare Trust 15075 3.730125
Tata Education Trust 15075 3.730125
JRD Tata Trust 16200 4.008492
Tata Power 6673 1.651152
Tata Global Beverages 1755 0.434253
Indian Hotels

(Taj Hotels Resorts and Palaces)

4500 1.11347
Tata Industries 2295 0.56787
Tata Chemicals 10237 2.533021
Kalimati Investment Co (Now Tata Steel) 12375 3.062043
Tata International Ltd 1477 0.365466
Tata Motors 12375 3.062043
Piloo Tata 487 0.120502
Jimmy Naval Tata 3262 0.807142
Vera Farhad Choksey 157 0.038848
Jimmy Tata 157 0.038848
Simone Tata 2011 0.497597
Noel Tata 2055 0.508485
HH Maharawal Virendra Singh Chauhan

Raja of Chhota Udepur[10]

1 0.000247
MK Tata Trust 2421 0.599047

Shapoorji Pallonji Mistry came to acquire shares of Tata Sons in 1930s when JRD Tata's younger brother, Dorab, in a fit of anger, sold his shares of Tata Sons to construction magnate Pallonji Mistry just after JRD Tata became Chairman in the early 1930s. His shareholding is divided equally between his two sons, Shapoor Mistry and Cyrus Mistry.

See also[edit]

References[edit]

  1. ^ Subramanian, N. "Trusting the family: a short history of Tata sons ownership" (PDF). Business Standard. Retrieved 1 November 2018.
  2. ^ Rich, Andrew (1 February 2010). Think tanks in civil society. International Encyclopedia of Civil Society. pp. 1543–1546. doi:10.1007/978-0-387-93996-4_99. ISBN 978-0-387-93994-0.
  3. ^ "Tata Sons via @tatacompanies".
  4. ^ Pocha, Jehangir (12 December 2011). "Tata Sons: Passing the Baton". Forbes. Retrieved 1 November 2018.
  5. ^ "Tata Sons looks to shed its public ltd tag for pvt ltd". Times of India. 16 September 2017. Retrieved 9 July 2018.
  6. ^ Mandavia, Megha (22 Sep 2017). "Tata Sons' shareholders vote to become a private company". Economic Times. Retrieved 9 July 2018.
  7. ^ ET NOW (24 August 2018). "NCLAT refuses to stay Tata Sons conversion to private co". The Economic Times. Times of India. Retrieved 20 September 2018.
  8. ^ "About us". www.tatatrusts.org. Tata trusts – official website. Retrieved 1 November 2018.
  9. ^ "Industrial Conglomerates Company Overview of Tata Sons Limited". Bloomberg.com. S&P Global Market Intelligence. Retrieved 19 October 2018.
  10. ^ Alikhan, Anvar. "The mysterious man who owns one solitary share in the unlisted Tata Sons". Scroll.in. Retrieved 28 March 2017.

External links[edit]