Shapoorji Pallonji Group Chairman Shapoorji Pallonji Mistry has backed the public listing of Tata Sons, calling it a “social and moral imperative” and saying it could strengthen transparency, accountability and philanthropy at one of India’s most consequential business institutions.
His statement comes as Tata Trusts, Tata Sons’ largest shareholder, and its chairman Noel Tata oppose the company’s listing.