Tata Sons reviews its rulebook for IPO, may impact Trusts' influence: Report

Tata Sons is reviewing its Articles of Association to comply with SEBI regulations ahead of a potential listing, ET reported. The changes may affect how Tata Trusts exercises influence over the group, while its majority shareholding and ordinary voting rights remain unchanged. The review follows the RBI’s rejection of Tata Sons’ application to surrender its Core Investment Company registration.