Shares of Tata Sons-linked firms jump after RBI's decision renews listing hopes
BUZZ-Shares of Tata Sons-linked firms jump after RBI's decision renews listing hopes ** Shares of several Tata Sons-linked companies rise after India's central bank rejected co's application to de-register as a non-bank lender
** Under RBI regulations, upper-layer NBFCs face compliance requirements such as non-bank lenders with assets above 1 trillion rupees ($10.43 billion), or those with direct or indirect access to public funds, to be listed
** As of March 2025, co's standalone assets totalled 1.75 trillion rupees ($18.25 billion)
** Listing of Tata Sons could improve valuations, unlock value for Tata-linked companies
** Shares of Tata Chemicals TTCH.NS up 19.99%, Tata Motors Passenger Vehicles TAMO.NS up 3.4%, Tata Investments TINV.NS up 9.1% and Tata Consultancy TCS.NS up 5.22%
** YTD, shares of TTCH down 4%, TAMO down 15.2%, TINV up 1.86%, and TCS down 26.77%
($1 = 95.9000 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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