Tata Trusts propose merging two firms into Tata Sons to avoid RBI listing requirement
- Plan merges Tata Electronics Systems Solutions and Tata Consulting Engineers into Tata Sons
- The reorganisation requires prior RBI no-objection; Tata Trusts believe it would remove Tata Sons’ CIC status
- Tata Group listed companies may see indirect effects from changes to Tata Sons’ regulatory status