Overview

• Noel Tata, N. Chandrasekaran, Venu Srinivasan and Darius Khambata met Home Minister Amit Shah and Finance Minister Nirmala Sitharaman in New Delhi on Tuesday, according to PTI.
• Government discussions focused on containing divisions among Tata Trusts’ trustees so Tata Sons’ operations are not disrupted and on the question of a potential listing of Tata Sons, multiple reports said.
• Tata Trusts is described by reports as split between a Noel Tata-aligned group and a four‑member bloc led by Mehli Mistry, with the immediate flashpoint being the rejection of Vijay Singh’s reappointment and his subsequent resignation from the Tata Sons board.
• Media accounts say nominees proposed by Noel Tata for the Tata Sons board, including Behram Vakil, T.V. Narendran and Uday Kotak, were opposed by the Mehli Mistry group, and an email exchange raised concerns about attempts to consolidate control.
• RBI’s 2022 ‘upper‑layer’ tag created a listing requirement by September 2025, yet Tata Sons has applied to surrender its CIC registration and stay private, with the regulator’s decision still awaited.