Noel Tata to Exit Boards of 6 Tata Companies Amidst Reappointment Dispute

The Hindu - Business · business

Noel Tata will step down from the boards of six Tata Group companies on November 12, adhering to the conglomerate's retirement policy for non-executive directors. This move occurs amidst internal disagreements regarding the reappointment of Tata Sons chairman N Chandrasekaran. While Tata will leave these six directorships, he will continue as a Tata Trusts-nominated director on the Tata Sons board. The dispute over Chandrasekaran's reappointment has highlighted divisions among Trust-nominated directors, with Tata opposing it and Venu Srinivasan supporting it.