Tata Trusts’ direct holding in group firms to shrink to Rs 1.8 billion

Tata Trusts, a group of charitable trusts own a 66 per cent stake in Tata Sons, acts as the primary holding company for Tata Group. Cross holding within group firms have been a legacy issue that has bothered investors. “In a crisis situation this will provide the company boards clarity on ownership,” said Shriram Subramanian, managing director, InGovern.