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Tata Trusts ousts Ratan Tata aide Mehli Mistry
The Statesman Bhubaneswar
|October 29, 2025
A majority of trustees voted against the reappointment of Mehli Mistry to the boards of the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. With three out of six trustees opposing his renomination through a circular resolution circulated last week, Mistry is set to step down from the Tata Trusts board.
The 65-year-old Mistry joined both the Tata Trusts in 2022, and was a close associate of the late Ratan Tata. Mistry’s three-year term is set to expire on Tuesday.
The two core trusts together hold a 51 per cent stake in Tata Sons, the holding company of the Tata Group, and have veto powers and the right to nominate one-third of the Tata Sons board.
यह कहानी The Statesman Bhubaneswar के October 29, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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