VENU BECOMES TRUSTEE FOR LIFE, MISTRY TO BE NEXT Tata Trusts: Battle won, the real war lies ahead

THE DIFFERENCES AMONG the trustees of Tata Trusts had no impact on the reappointment of Venu Srinivasan on the board of Sir Dorabji Tata Trust (SDTT), which along with Sir Ratan Tata Trusts holds over 51% stake in Tata Sons. The decision was taken unanimously.

- FE BUREAU

While the focus now shifts tothe reappointment of Mehli Mistry, whose term ends on October 28, sources familiar with the developments said that is also expected to bea smooth affair. Both will become trustees for life in accordance with a resolution passed in a board meeting on October 17 last year.

While their reappointment should come as an immediate relief in the backdrop of simmering tension between the two groups in Tata Trusts, the real war that of selection of new members on the Tata Sons board - is going to be a tricky affair.

That's because the war started with the proposed renomination of Vijay Singh on the board of the Tata Group's holding company. Singh, who continues as one of the members of Tata Trusts, had to quit Tata Sons board last month as his renomination was opposed by four trustees — Mistry, Darius Khambata, Pramit Jhaveri and Jehangir H Jehangir.