Business Standard

TRUSTING THE FAMILY: A SHORT HISTORY OF TATA SONS OWNERSHIP

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The weight and might of the 18 per cent stake in Tata Sons inherited by Cyrus Mistry’s father Pallonji Shapoorji played a key role in him trumping internatio­nal competitio­n to take up the corner office at Bombay House. This stake will come into play again if things turn less friendly between the Mistrys and their fellow shareholde­rs: Sir Dorabji Tata Trust and Sir Ratan Tata Trust, which between them own 66 per cent and are headed by Ratan Tata. Here’s a look at how the Mistrys and the trusts came to own their Tata Sons shares:

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