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Tata Sons

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Tata Sons Limited
Company typePrivate
Founded1868; 156 years ago (1868)
FounderJamshedji Tata
HeadquartersMumbai, Maharashtra, India
Area served
Worldwide
Key people
Natarajan Chandrasekaran
(Chairman)
Websitewww.tata.com

Tata Sons Limited is the holding company of the Tata Group and holds the bulk of shareholding in group companies. It was established as a trading enterprise in 1868. 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.[1] Tata Sons is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries.

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; [2] [3] the decision remains pending with NCLAT, as of August 2018.[4]

Location

The company is registered and located in Mumbai, India.

Operating companies under Tata Sons

Board of directors

  1. Natarajan Chandrasekaran (Chairman)
  2. Venu Srinivasan, Chairman and Managing Director of TVS Motor Company
  3. Vijay Singh
  4. Rajani Kanth
  5. Ronen Sen
  6. Farida Khambata
  7. Ajay Piramal, Chairman of Piramal Group & Shriram Group
  8. Amit Chandra
  9. Ralf Speth, Chief Executive OfficerJaguar Land Rover
  10. Bhaskar Bhat ,Chief Executive Officer Titan Company

Saurabh Agrawal

Shareholding pattern

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[5]

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

References

  1. ^ "Tata Sons via @tatacompanies".
  2. ^ "Tata Sons looks to shed its public ltd tag for pvt ltd". Times of India. Sep 16, 2017. Retrieved 9 July 2018.
  3. ^ "Tata Sons' shareholders vote to become a private company". Economic Times. Sep 22, 2017. Retrieved 9 July 2018.
  4. ^ ET NOW (Aug 24, 2018). "NCLAT refuses to stay Tata Sons conversion to private co". The Economic Times. Times of India. Retrieved 20 September 2018.
  5. ^ Alikhan, Anvar. "The mysterious man who owns one solitary share in the unlisted Tata Sons". Scroll.in. Retrieved 2017-03-28.