Tata Trusts Propose TESS, TCE Merger Into Tata Sons To Shed CIC Tag, Avoid Listing
Last Updated:September 28, 2026, 7:49 PM IST The proposed restructuring is aimed at ensuring that the reorganised entity will neither qualify as a Non-Banking Financial Company (NBFC) nor a Core Investment Company (CIC). Tata Trusts Tata Sons restructuring. Tata Trusts, which hold a 66% stake in Tata Sons Private Limited (TSPL), have proposed a strategic…