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SDTT vice-chairmen say they were not consulted on Tata Sons reorganisation

SDTT vice-chairmen Venu Srinivasan and Vijay Singh said in a September 30 letter they were not consulted on Tata Sons’ proposed reorganisation. The plan seeks to end Tata Sons’ NBFC/CIC status and avoid going public; they flagged governance, regulatory and financial risks.

Key dates: Tata Sons reorganisation proposal and SDTT vice-chairmen's response
  1. September 11RBI regulatory response
  2. September 28Reorganisation proposal letter
  3. September 30SDTT vice-chairmen response letter

Read next

  1. Srinivasan, Singh allege trustee exclusion from Tata Sons merger proposal, , Financial Express

Reported figures

From the report. Source details below

Reorganisation proposal letter: September 28
RBI regulatory response: September 11

The source

Source Read the source at Business Standard

Published

Confirmed by Indian Express

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