SEBI chairman says market regulator keeping eye on Tata Group developments
The comments came amid differences over governance matters at Tata Sons, the group's holding company, including the reappointment of N Chandrasekaran as chairman and the question of its proposed listing.
SEBI Chairman Tuhin Kanta Pandey disclosed on Saturday that the market regulator is closely monitoring governance developments within the Tata Group's holding company level. He clarified that while the group's listed companies and their promoters adhere to SEBI's disclosure and compliance norms, the holding company Tata Sons, undergoing reappointment of N Chandrasekaran as chairman and proposed listing, presents some governance issues.
Pandey emphasized that the SEBI must keep a watchful eye on all developments within the Tata Group. The firm oversees a portfolio of 26 publicly listed companies, with a combined market capitalization of $328 billion as of March 31, 2025. Notably, seven listed companies collectively hold around 11.92% in Tata Sons, alongside over 1.77 crore shareholder accounts.
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Also reported by 1 other outlet
- SEBI monitoring Tata Sons governance developments, says chairman Tuhin Kanta Pandey thehindubusinessline.com
