Tata Trusts Chairman Noel Tata and Tata Sons Chairman N. Chandrasekaran, on Tuesday (October 7, 2025) met Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman. | Photo Credit: The Hindu
Mr. Noel Tata and Mr. Chandrasekaran, together with Tata Trusts Vice-Chairman Venu Srinivasan and trustee Darius Khambata, arrived collectively within the night at Mr. Shah’s residence for the assembly. Ms. Sitharaman additionally joined in on the Home Minister’s residence.
The assembly got here towards the backdrop of infighting among the many trustees of Tata Trusts over board appointments and governance points, which threaten to impression the functioning of the over $180 billion conglomerate.
Tata Trusts exerts decisive affect over India’s most beneficial conglomerate by its about 66% stake in Tata Sons, the promoter and holding firm of the salt-to-semiconductor group.
Sources stated Tata Trusts was stated to be vertically cut up, with one part aligned with Mr. Noel Tata, who was appointed chairman of the Trusts following the loss of life of Ratan Tata. The different grouping of 4 trustees is led by Mehli Mistry, who has ties with the prolonged Shapoorji Pallonji household, which owns about 18.37% of Tata Sons.
Mr. Mistry reportedly feels he has been saved out of the loop on key issues.
Sources stated the flashpoint is claimed to be board seats at Tata Sons, which controls the 156-year-old group that spans round 400 corporations, together with 30 listed companies.
Tata Trusts, Tata Sons and Mr. Srinivasan declined to touch upon the matter and feedback from Mr. Mistry couldn’t be obtained as calls and messages remained unanswered.
“The primary question in front of the government, considering how significant and important the Tata Group is to the country’s economy, is whether it can let an individual take control of it. The infighting among trustees of Tata Trusts has an impact on Tata Sons,” a supply stated.
Published – October 08, 2025 01:53 am IST
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