Everything is not going well in Tata Trust. ‘Power tussle’ has been going on in Tata Trust for a month. Two groups have formed in the trust. The dispute between the two groups increased so much that the government also had to intervene. Now again after a month the board meeting of Tata Trust is being held but will this dispute be resolved in it or not? Don’t know. But the government has made it clear that this dispute should be resolved as soon as possible. That’s because this controversy raises questions on the credibility of the country’s largest corporate group.
This whole controversy started from a meeting on September 11. This dispute took place over the appointment of a director on the board of Tata Sons. On this, two factions have divided in Tata Trust. The first faction is of Noel Tata, who was made the chairman of Tata Trust after the death of Ratan Tata. The second faction is that of Mehil Mistry.
When this controversy started in Tata Trust, it also caught the attention of the Central Government. It is being said that Union Home Minister Amit Shah and Union Finance Minister Nirmala Sitharaman had recently met the board of Tata Trust regarding this. The government had asked Tata Trust to resolve this dispute as soon as possible.
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A board meeting of Tata Trust was held on 11 September. The agenda of the meeting was to re-appoint former Defense Secretary Vijay Singh as a nominee director on the board of Tata Sons.
Actually, Ratan Tata passed away last year. After this it was decided that after the age of 75 years, the nominee director would be appointed every year. Vijay Singh has been on the board of Tata Sons since 2012. Now his age is 77 years. Therefore, a board meeting was called for his reappointment.
Tata Trust Chairman Noel Tata and Board Member Venu Srinivasan wanted Vijay Singh to be appointed as the nominee director again. But 4 trustees including Mehil Mistry were opposing it. Ultimately no result was achieved and Vijay Singh resigned from the board of Tata Sons.
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There are 7 trustees in Tata Trust. When the meeting took place on September 11, 6 trustees were present. The seventh trustee is Vijay Singh and a meeting was called for his re-appointment, hence he was not in that meeting.
Noel Tata and Venu Srinivasan had proposed that Vijay Singh be re-appointed as nominee director. But four trustees – Mehil Mistry, Pramit Jhaveri, Jahangir HC Jahangir and Darius Khambata opposed it and rejected the proposal.
Why did you protest? Because 4 trustees wanted Mehil Mistry to be appointed as the nominee director of Tata Sons. But Noel Tata and Venu Srinivasan were against it.
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Tata Trust is everything in Tata business. Tata Trust was founded by Jamsetji Tata in 1868. Tata Trust holds 66% stake in Tata Sons. Apart from Tata Trust, Shapoorji Pallonji Mistry family holds 18.37% shares in Tata Sons. Tata Sons is the holding company of Tata Group.
Tata Sons Chairman N. This is Chandrasekaran. Tata Sons holds 25% to 73% stake in Tata group companies. The revenue of Tata Group companies in 2024-25 was $ 180 billion. The 156-year-old Tata Group has about 400 companies, out of which 30 are listed. As of March 31, 2025, the market cap of Tata Group companies is $ 328 billion (about Rs 30 lakh crore).
Tata Trust is controlled by Tata Sons. And Tata Sons controls Tata Group. According to this, Tata Trust is everything in Tata business.
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An important meeting of the board of Tata Trust is being held on Friday. However, what is the agenda of this meeting? It has not been clarified yet.
News agency PTI had quoted sources as saying that the ongoing internal feud among the trustees of Tata Trust is in danger of affecting the functioning of Tata Sons and Tata Group, hence it became necessary for the government to intervene in it.
Sources had said, ‘Considering the importance of Tata Group, the biggest question before the government is whether it can hand over its control to any one person. The ongoing internal strife among the trustees of Tata Trust is also impacting Tata Sons.
Some people in Tata Group believe that Mehil Mistry is trying to weaken Noel Tata in Tata Trust.
