Neutral impactCorporate Action
Tata Sons: The NBFC listing and the boardroom battle
Economic Times 1 hr ago·18 Sept 2026, 2:41 am
Tata Trusts has called Chandrasekaran's reappointment illegal and a legal nullity, arguing that the Articles of Association require the requisite support from Trust-nominated directors. Noel Tata, chairman of Tata Trusts and a Tata Sons director, voted against the reappointment. Whether the resolution is valid remains contested and could ultimately have to be settled through the company's governance process or the courts.
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- Category: Corporate Action.
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