The shares of Tata Chemicals and Tata Investment Corporation tumbled around 3% each after a report claimed that Tata Trusts Chairman Noel Tata has written to the Reserve Bank of India (RBI) against the potential listing of Tata Sons.
Tata Chemicals shares dropped more than 3% to close at Rs 734 apiece on the NSE, while those of Tata Investment Corporation fell nearly 3% to end the session at Rs 671.75 apiece on Monday.