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Revision as of 17:07, 14 November 2017

Tata Sons Limited
Company typePrivate
Founded1868; 157 years ago (1868)
FounderJamsetji Tata
HeadquartersMumbai, Maharashtra, India
Area served
Worldwide
Key people
Natarajan Chandrasekaran
(Chairman)
Websitewww.tata.com

Tata Sons Limited is the holding company of the Tata Group and holds the bulk of shareholding in these companies. It was established as a trading enterprise in 1868. About 86% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family. The biggest two of these trusts are the Sir Dorabji Tata Trust and Sir Ratan Tata Trust.[1] Tata Sons is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries. TCS alone generates 70% revenues of its parent company, Tata Sons.[2][3] Natarajan Chandrasekaran took over as Chairman of Tata Sons on 21 February 2017.[4]

Location

The company is registered and located in Mumbai, India.

Operating companies under Tata Sons

Board of directors

  1. Natarajan Chandrasekaran(Chairman)
  2. Ishaat Hussain
  3. Vijay
  4. Nitin Nohria
  5. Ronen Sen
  6. Farida Khambata
  7. Venu Srinivasan
  8. Ajay Piramal
  9. Amit Chandra
  10. Ralf Speth

Shareholding pattern

Total equity shares 404,142 (around ₹1,0000 each)[citation needed]

Shareholder No of shares Share-holding percentage
Shapoorji Pallonji 108 0.026723
Sterling Investment Corp

(Shapoorji Pallonji Group)

37120 9.18489
Cyrus Investments

(Shapoorji Pallonji Group)

37120 9.18489
Ratan Tata 3368 0.83337
Sir Dorabji Tata Trust 113067 27.97705
Sir Ratan Tata Trust 95211 23.5588
Tata Investment Corp 326 0.080665
Sarvajanik Seva Trust 396 0.097985
RD Tata Trust 8838 2.186855
Tata Social Welfare Trust 15075 3.730125
Tata Education Trust 15075 3.730125
JRD Tata Trust 16200 4.008492
Tata Power 6673 1.651152
Tata Tea 1755 0.434253
Indian Hotels 4500 1.11347
Tata Industries 2295 0.56787
Tata Chemicals 10237 2.533021
Kalimati Investment Co 12375 3.062043
Tata International Ltd 1477 0.365466
Tata Motors 12375 3.062043
Piloo Tata 487 0.120502
Jimmy Naval Tata 3262 0.807142
Vera Farhad Choksey 157 0.038848
Jimmy Tata 157 0.038848
Simone Tata 2011 0.497597
Noel Tata 2055 0.508485
HH Maharawal Virendra Singh Chauhan

Raja of Chhota Udepur[5]

1 0.000247
MK Tata Trust 2421 0.599047

Price of share as on July 1, 2015, is Rupees 60,000.[6]

Shapoorji Pallonji Mistry came to acquire shares of Tata Sons in 1930s when JRD Tata's younger brother, Dorab, in a fit of anger, sold his shares of Tata Sons to construction magnate Pallonji Mistry just after JRD Tata became Chairman in early 1930s. His shareholding is divided equally between his two sons, Shapoor Mistry and Cyrus Mistry.

See also

References

  1. ^ "Tata Sons via @tatacompanies".
  2. ^ "TCS has also accounted for at least 70% of Tata Sons dividends in the past three years, which would have worked in Chandrasekaran's favour".
  3. ^ "Ishaat Hussain to Replace Cyrus Mistry as Interim Chairman of TCS". 10 November 2016.
  4. ^ "Tata Sons chairman N Chandrasekaran may follow leadership style of JRD Tata".
  5. ^ Alikhan, Anvar. "The mysterious man who owns one solitary share in the unlisted Tata Sons". Scroll.in. Retrieved 2017-03-28.
  6. ^ http://articles.economictimes.indiatimes.com/2015-07-24/news/64817680_1_tata-technologies-tata-sons-such-shares
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