Tata Sons


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.
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 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. 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.

Location

The company is registered and located in Mumbai, India.

Board of Directors

List of Tata sons Board of Directors
PositionPersonnel
ChairmanNatarajan Chandrasekaran
Independent directorFarida Khambata
DirectorVenu Srinivasan
Non-executive directorAjay Piramal
Additional directorRalf Speth
DirectorBhaskar Bhat
Independent directorHarish Manwani
DirectorSaurabh Agrawal

Shareholding Pattern

and Sir Ratan Tata Trust are the two biggest shareholders of Tata Sons, with a combined stake of around 50%, while Pallonji Shapoorji Mistry is the largest individual shareholder. Shapoorji Pallonji Mistry, who is Mr. Pallonji's grandfather, 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. Mr. Pallonji's shareholding is divided equally between his two sons, Shapoor Mistry and Cyrus Mistry.
Total equity shares 404,146
ShareholderNo of sharesShare-holding percentage
Pallonji Shapoorji Mistry1080.02672
Sterling Investment Corporation Pvt. Ltd.
371229.18529
Cyrus Investments Pvt. Ltd.
371229.18529
Ratan Tata33680.83336
Sir Dorabji Tata Trust11306727.97677
Sir Ratan Tata Trust9521123.55857
Tata Investment Corp3260.08066
Sarvajanik Seva Trust3960.09798
RD Tata Trust88382.18683
Tata Social Welfare Trust150753.73009
Tata Education Trust150753.73009
JRD Tata Trust162004.00845
Tata Power66731.65114
Tata Consumer Products Ltd.
17550.43425
The Indian Hotels Company Ltd.
45001.11346
Tata Industries Ltd.22950.56786
Tata Chemicals102372.53300
Tata Steel Ltd.123753.06201
Tata International Ltd.14770.36546
Tata Motors123753.06201
Mrs. Piloo Minocher Tata4870.12050
Jimmy N. Tata32620.80713
Mrs. Vera Farhad Choksey1570.03885
Jimmy Minocher Tata1570.03885
Simone Tata80.00198
Noel Tata40581.00409
HH Maharawal Virendra Singh Chauhan
10.00025
MK Tata Trust24210.59904

Conversion to Private Ltd, and Internal Conflicts

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; both these decisions were challenged in court by former executive chairman Cyrus Mistry.
On 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; in response, Mr. Mistry has filed a cross appeal in the court, seeking explanations for anomalies in the NCLAT. As of March 2020, the decision remains pending.