SEBI monitoring Tata Sons governance developments, says chairman Tuhin Kanta Pandey
The regulator’s remarks come amid questions over the holding company’s leadership, proposed listing and governance, as its listed entities remain under scrutiny.
SEBI Chairman Tuhin Kanta Pandey revealed on Saturday that the market regulator is keeping a close eye on the governance developments at the holding company level within the Tata Group. During an appearance at the launch of the Bharat Chamber Investors Forum, Pandey noted that while the listed companies and their promoters of the Tata Group are subject to SEBI's disclosure and compliance norms, the holding company Tata Sons, which is not itself listed, is facing some governance issues.
These issues include the reappointment of N Chandrasekaran as chairman and the proposed listing of the holding company. Pandey stated that SEBI is monitoring all developments related to the Tata Group, without specifying any particular violations or actions taken against the group.
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