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Tata Sons wins shareholders' approval to become a private limited company, major setback for Cyrus Mistry

Tata Trusts own a majority 66 per cent stake in Tata Sons with the biggest two of them being the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Cyrus Mistry's family owns a 18.4 per cent in Tata Sons while the remaining shares are held by the Tata family, a few group companies and individuals.