Tata Sons Repays ₹20,000 Crore Debt to Stay Private

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North News
Chandigarh, August 26

Tata Sons, the holding company of the Tata Group, has repaid over ₹20,000 crore in debt and requested the Reserve Bank of India (RBI) to surrender its certificate of registration. As per the Economic Times, this move allows Tata Sons to remain an unlisted, closely held company, avoiding the requirement to list its stock within three years.

Classified as an NBFC-Upper Layer (NBFC-UL) by the RBI in 2022, Tata Sons initially had to comply with listing regulations. However, with its reduced risk profile following the debt repayment, the company is no longer bound by this mandate, securing its private status.