RBI Files Caveat In Bombay HC Ahead Of Tata Sons Appeal | Tata Group Stocks | Tata Chemical Shares

The RBI has filed a caveat in the Bombay High Court ahead of an expected appeal by Tata Sons against the central bank’s mandatory listing order. Tata Sons is seeking exemption from the listing requirement. The development also triggered a sharp rally in Tata companies that hold a stake in Tata Sons, with Tata Chemicals surging 20% and Tata Investment gaining around 10%. Shares of Shapoorji Pallonji Group companies also rose amid expectations of value unlocking. Business Today Executive Editor Krishna Gopalan explains what investors should watch next, including the upcoming Tata Sons board meeting and the possibility of a prolonged legal battle.