The Reserve Bank of India preemptively filed a caveat in the Bombay High Court to ensure it is heard in any legal proceedings concerning the stock market listing of Tata Sons.
The legal step follows the central bank's decision to reject Tata Sons' application to deregister as a non-banking financial company, pushing the holding company closer to a public listing.
Under RBI rules, core investment companies with assets exceeding ₹1 trillion or access to public funds must list, with Tata Sons reporting standalone assets of ₹1.75 trillion as of March 2025.