2 weeks ago
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A committee gathering of Sir Ratan Tata Trust scheduled for Friday (May 8, 2026) to reconsider nominations to the committee of Tata Sons was cancelled for unspecified reasons, radical with nonstop cognition of the substance said.
The gathering was cancelled contempt the Bombay High Court declining to enactment the gathering of Sir Ratan Tata Trust (SRTT), which owns 23.6% of Tata Sons, the holding institution of the implicit $180 cardinal Tata Group.
"The gathering did not happen. No crushed was specified," 1 of the persons said.
No caller day for the gathering has yet been informed. An emailed query to Tata Trusts did not elicit a response.
A petition had challenged the meeting, citing that the trust's existent committee creation breached statutory limits introduced nether the Maharashtra Public Trust (Second Amendment) Act, 2025.
It cited that SRTT presently has six trustees and 3 of them — Jimmy Naval Tata, Jehangir HC Jehangir, and Noel Naval Tata — are beingness trustees, constituting 50% of the board, exceeding the statutory ceiling of 25%.
The projected gathering of the committee of SRTT was reportedly called to discuss, among others, the reconsideration of Tata Trusts representatives connected the Tata Sons board.
At present, Tata Trusts Chairman Noel Tata and Vice-Chairman Venu Srinivasan are connected the committee of Tata Sons. Last year, erstwhile defence caput Vijay Singh had resigned from the Tata Sons board.
The Friday (May 8, 2026) committee gathering was planned amid 2 trustees — Mr. Srinivasan and Mr. Singh — publically recommending the listing of Tata Sons, a basal that Noel Tata is wholly against.
The simmering hostility among trustees of the congregation of philanthropic bodies nether the Tata Trust umbrella that power 66 per cent successful Tata Sons has been continuing since past year.
Earlier successful January this year, a projected committee gathering of the Sir Ratan Tata Trust (SRTT), which was expected to instrumentality up the assignment of Neville Tata, lad of Tata Trusts Chairman Noel Tata, arsenic a trustee, was cancelled owed to deficiency of quorum.
