InvestorQ : Is it true that there are likely to be changes in the board of Tata Sons?
vaishnavi mhatre made post

Is it true that there are likely to be changes in the board of Tata Sons?

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sarah Leo answered.
2 weeks ago
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With Farida Khambatta set to complete term at the Board of Tata Sons, there will now be 2 positions on the board of Tata Sons falling vacant shortly. According to reports in the media, the 2 most likely candidates to fill these posts are Noel Tata of Trent and former Citi head honcho, Pramit Jhaveri. Tata Sons Board is expected to take a final decision on this matter in the next few weeks.

Pramit Jhaveri is an old Tata hand as he is already a trustee in Tata Trusts. These Tata Trusts hold around 66% stake in Tata Sons and hold the key to the Tata control over the entire Tata Group. Among other shareholders of Tata Sons, Mistry family holds around 18% stake in Tata Sons. Noel Tata is Ratan Tata’s half-brother and is married to the sister of Cyrus Mistry. Tata Sons wields a lot of power as the principal investment holding company of Tata Group.
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