Tata Sons

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Tata Sons
TypePrivate entity
Founded1868; 154 years ago (1868)
HeadquartersBombay House, Mumbai, Maharashtra, India
Area served
Key people

Tata Sons Private Limited is the private entity and the owner 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.[1]

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[2] 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.[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 the Indian subcontinent.[4]

In October 2021, Tata Sons purchased Air India for $2.4 billion.[5][6]


The company is registered and located in Mumbai, India.[7]

Board of Directors[edit]

List of Tata sons Board of Directors [8]

Position Personnel
Chairman Natarajan Chandrasekaran (chairman, Tata Group)
Independent director Farida Khambata [9]
Director Venu Srinivasan (chairman, TVS Group)
Non-executive director Ajay Piramal (chairman, Piramal Group & Shriram Group)
Additional director Ralf Speth (Former CEO, Jaguar Land Rover)
Director Bhaskar Bhat
Independent director Harish Manwani
Director Saurabh Agrawal (CFO, Tata Sons)

Shareholding pattern[edit]

Sir Dorabji Tata Trust and Sir Ratan Tata Trust are the two biggest shareholders of Tata Sons, with a combined stake of around 50%,[3] while Pallonji Shapoorji Mistry was the largest individual shareholder.[10] Shapoorji Pallonji Mistry, who is Mr. Pallonji's grandfather (and whom he is named after), 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.[11][12] Mr. Pallonji's shareholding is divided equally between his two sons, Shapoor Mistry and Cyrus Mistry.

Total equity shares 404,440 (₹1,000 each)

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 Udepur)[13]

1 0.00025
MK Tata Trust 2421 0.59904

Conversion to Private Ltd, and internal conflicts[edit]

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;[14][15] both these decisions were challenged in court by former executive chairman Cyrus Mistry.[16] In December 2019, 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;[17][18] in response, Mr. Mistry has filed a cross appeal in the court, seeking explanations for anomalies in the NCLAT.[19] On March 26, 2021, The Supreme Court of India upholds Tata Sons' decision to sack Cyrus Mistry.[20]

See also[edit]


  1. ^ Subramanian, N (1 November 2018). "Trusting the family: a short history of Tata sons ownership" (PDF). Business Standard. Archived (PDF) from the original on 17 April 2018. 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. ^ a b "Tata Sons via @tatacompanies". Archived from the original on 26 December 2018. Retrieved 16 May 2017.
  4. ^ Pocha, Jehangir (12 December 2011). "Tata Sons: Passing the Baton". Forbes. Archived from the original on 1 November 2018. Retrieved 1 November 2018.
  5. ^ Gupta, Surojit. "Air India News: Govt may announce Air India winning bidder today | India Business News - Times of India". The Times of India.
  6. ^ Li, Shan (8 October 2021). "India's Tata Sons to Buy Air India for $2.5 Billion". Wall Street Journal. Retrieved 9 October 2021.
  7. ^ "About us". www.tatatrusts.org. Tata trusts – official website. Archived from the original on 1 November 2018. Retrieved 1 November 2018.
  8. ^ "Leadership". www.tata.com. Tata Sons – official website. Archived from the original on 1 May 2020. Retrieved 20 April 2020.
  9. ^ "Farida Khambata". www.cartica.com. Cartica – Official website. Retrieved 20 April 2020.
  10. ^ Balachandran, Manu (26 October 2016). "Pallonji Mistry—an Indian Irish billionaire's journey from outsider to kingmaker to opponent at the Tata Group". Quartz India.
  11. ^ Zachariah, Reeba (13 December 2011). "Tata Sons: How Shapoorji Pallonji Mistry family checked into the group". Economic Times. Archived from the original on 29 October 2016. Retrieved 9 April 2020.
  12. ^ Manghat, Sajeet (5 November 2016). "The Mistry Family Came On Board Tata Sons By Chance And May Exit By Force". Bloomberg Quint.
  13. ^ Alikhan, Anvar (28 March 2017). "The mysterious man who owns one solitary share in the unlisted Tata Sons". Scroll.in. Archived from the original on 28 March 2017. Retrieved 28 March 2017.
  14. ^ "Tata Sons looks to shed its public ltd tag for pvt ltd". Times of India. 16 September 2017. Archived from the original on 28 August 2018. Retrieved 9 July 2018.
  15. ^ Mandavia, Megha (22 September 2017). "Tata Sons' shareholders vote to become a private company". Economic Times. Archived from the original on 9 July 2018. Retrieved 9 July 2018.
  16. ^ ET NOW (24 August 2018). "NCLAT refuses to stay Tata Sons conversion to private co". The Economic Times. Times of India.
  17. ^ Rautray, Samanwaya (11 January 2020). "Tata vs Mistry: Supreme Court stays NCLAT order favouring Cyrus Mistry". The Economic Times. Archived from the original on 16 March 2020. Retrieved 22 January 2020.
  18. ^ Roy, Sukanya (2 January 2020). "How Cyrus Mistry won the battle to reclaim chairmanship of Tata Sons". Business Standard. Archived from the original on 4 April 2020. Retrieved 9 April 2020.
  19. ^ "Tata-Mistry Case: Cyrus Mistry Files Appeal In Supreme Court Seeking More Relief From NCLAT". BloombergQuint. Bloomberg Quint. Archived from the original on 21 February 2020. Retrieved 21 February 2020.
  20. ^ "Tata Mistry Case: Supreme Court upholds Tata Sons' decision to sack Cyrus Mistry as chairman | India Business News - Times of India". The Times of India. Retrieved 19 October 2021.{{cite web}}: CS1 maint: url-status (link)

External links[edit]