Try GOLD - Free
Srinivasan’s Tata Trusts continuity a mere formality
Mint Hyderabad
|October 24, 2025
other trustees was already taken and approved pursuant to the aforesaid resolution of 17 October 2024 by each of the trustees and the resolution proposed in Circular No: 87 dated 18 October 2025 is a formalistic one to give effect to an already taken unanimous decision of the trustees," Mehli Mistry wrote in response to a circular, dated 18 October, seeking reappointment of Srinivasan.
-
"I hereby consent to the reappointment of Mr. Venu Srinivasan commencing on 24 October 2025, provided that an identical unanimous resolution is passed by the trustees in respect of all other Trustees, as and when their respective tenures expire, in accordance with the unanimous resolution of 17 October 2024," Mistry wrote in his response.
"For the avoidance of doubt, should any trustee elect not to pass this resolution reappointing Mr. Venu Srinivasan or an identical unanimous resolution for all other trustees as and when their respective tenures expire, then in such event, I do not provide my formal approval for the reappointment of Mr. Venu Srinivasan in terms of Circular No 87 dated 18 October 2025. Needless to state, I do not expect such a situation to arise," Mistry said.
This story is from the October 24, 2025 edition of Mint Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Hyderabad
Mint Hyderabad
GST cuts, easing inflation drive rural demand revival
India’s rural economy expanded and recovered strongly in late 2025, with consumption, incomes and investment improving after a key tax reform and as inflation eased, a survey showed.
2 mins
December 13, 2025
Mint Hyderabad
Mexico duty hikes to hit 75% of India Jan exports
Three-quarters of India’s exports to Mexico are set to face a major setback from 1 January 2026, according to a report released on Friday by Global Trade Research Initiative (GTRI), after the Mexican senate approved steep tariff increases on goods imported from countries that don’t have a free-trade agreement (FTA) with Mexico.
1 min
December 13, 2025
Mint Hyderabad
Govt’s insurance reform allows 100% FDI, composite licences
The government has paved the way for 100% foreign direct investment in the insurance sector, composite licences and easier capital requirements, among others sweeping reforms, as the Union cabinet cleared the enabling legislation, said two officials aware of the matter.
1 mins
December 13, 2025
Mint Hyderabad
A teen, a wok and stir-fries for school
I should count myself lucky.
3 mins
December 13, 2025
Mint Hyderabad
Chair man, of the bored
STREAM OF STORIES
3 mins
December 13, 2025
Mint Hyderabad
Sebi weighs easier unified penalty rules for listed cos
Explores framework like the one for brokers that standardized and reduced fines
2 mins
December 13, 2025
Mint Hyderabad
English's place in history is not black and white
In 1784, two white men joined forces to establish an English school in Thanjavur, Tamil Nadu.
4 mins
December 13, 2025
Mint Hyderabad
A modern-day throwback to 'Malgudi Days'
Sita Bhaskar's latest novel revisits writer R.K. Narayan’s legacy to explore class, caste, and community in Mysuru
4 mins
December 13, 2025
Mint Hyderabad
Tushar Adhav and politics of the dance floor
There's a 1983 song by English new wave band Re-Flex that keeps popping up in my mind every time I find myself on an Indian club floor.
4 mins
December 13, 2025
Mint Hyderabad
Rising costs force Indian firms to rewrite employee benefits
Indian companies are rethinking the benefits they offer their staff, such as healthcare, retiral plans, well-being perks, and leave, as they seek to control budgets while retaining top talent without compromising on employee experience.
1 mins
December 13, 2025
Listen
Translate
Change font size
