Public shareholding rule to bring additional Rs 57,000 crore to Tata Sons

Holding company will need to reduce its stake in TCS from 72% to 65%

Tata Sons, which owns 72.05 per cent stake in Tata Consultancy Services (TCS), could see an additional Rs 57,000 crore in its coffers once the mandatory minimum public shareholding rule of 65 per cent comes into force. 

The Tata group holding company is making capital allocation for its various businesses, including aviation, financial services, and a new e-commerce venture from internal resources, without taking into account the possible TCS share sale.Finance Minister Nirmala Sitharaman announced in the Union Budget on Friday that she had asked the Securities and Exchange Board of India (Sebi) to consider raising the current threshold of