Noel Tata-led Tata Trusts proposed a restructuring of Tata Sons Pvt. by merging two unlisted units in a bid to stave off a listing for the holding company of the sprawling Indian conglomerate.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-28/tata-trusts-propose-restructuring-of-tata-sons-to-avoid-listing)