Tata Sons Should Remain Private: Noel Tata, 3 Trustees Write To Srinivasan, Singh; Allege Fiduciary Duty Breach
Noel Tata, Bhaskar Bhat, Darius Khambata and Neville Tata have written to Venu Srinivasan and Vijay Singh, setting out their position that Tata Sons should remain privately held and raising allegations concerning fiduciary duties as per sources to ET Now and Times Now Digital. The latest exchange also follows Tata Trusts' September 28 proposal for a strategic reorganisation of Tata Sons, which involved the proposed merger of two Tata Group entities with the holding company and aimed to facilitate Tata Sons remaining unlisted, subject to regulatory approvals. Anurag Joshi heads the Mumbai reporting team at ET NOW. He leads the news coverage of some conglomerates, debt and equity capital markets, private equ... View More





