Brief by Shorts91 Newsdesk / 01:55pm on 20 Sep 2026,Sunday India
Tata Trusts has challenged the validity of Tata Sons’ September 17 board resolution reappointing N. Chandrasekaran as chairman for another five-year term. The Trusts, which hold about 66% of Tata Sons, said the company’s Articles of Association require affirmative support from a majority of its nominee directors. With two Trust nominees on the board, both would need to support the resolution, but Noel Tata voted against it while Venu Srinivasan supported it. The Trusts also rejected the use of the chairman’s casting vote to overcome this requirement, calling the resolution legally ineffective. The dispute could lead to further legal proceedings. (PC: PTI)
