Tata Sons moves to oust Cyrus Mistry, Nusli Wadia from Tata Motors' board

1478864560

MUMBAI Tata Motors (TAMO.NS) said on Friday that Tata Sons has called for an extraordinary general meeting to oust two directors, Cyrus Mistry and Nusli Wadia, from the automaker’s board, as the nasty spat between the Tata and Mistry camps escalates.

In a securities filing, Tata Motors said top shareholder Tata Sons, which controls a 26.51 percent stake in the automaker that owns luxury brand Jaguar Land Rover [TAMOJL.UL], sent in a requisition calling for a special meeting.

Details of the meeting are yet to be finalised.

Mistry, who was axed as chairman of Tata Sons in a boardroom coup last month, was not immediately reachable for comment. Mistry has engaged in a war of words with Tata Sons since his ouster.

(Reporting by Euan Rocha; Editing by Rafael Nam)

Reuters



Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


Loading next story…
Just in:
5G Capital Sets a New Benchmark:China Unicom Beijing and Huawei Power the 2nd World Humanoid Robot Games with 5G-A GigaUplink // North Korea-linked hackers target Rust software supply chain // Standard Chartered takes HKDAP into banking mainstream // Onix builds expert-led AI around trust and privacy // MoreTickets Reveals Hong Kong’s Top-Searched Summer Events and Evolving Ticket-Buying Behaviours // ADNOC Distribution brings Reatile into Shell deal // Six Leading Enterprises Jointly Awarded Tender for Hung Shui Kiu/Ha Tsuen Pilot Development Area // MyRepublic expands GAMER lineup with Dreamcore x MyRepublic RTX 5060 Ti Gaming PC and Limited Edition ASUS T1 Graphics Card Broadband Bundle // Treasury weighs cash account for expanded bond buybacks // F1 backs Abu Dhabi for 2026 season finale // Alibaba Cloud expands Korea capacity for enterprise AI // Jharkhand may witness a more complicated students movement // 40 Teams Gather in Hong Kong to Compete in the “AI x Cybersecurity Challenge” // TDCX expands Hyderabad footprint with second campus // Trump’s new green card era: What changes for US immigrants // Silence Wang Wax Figure Arrives at Madame Tussauds Hong Kong // Wuxi Symphony Orchestra Debuts at Ljubljana Festival: Sounds of the East Illuminate the Historic Central European City // From Vietnam to the U.S: East West Barbershop takes on the world’s most competitive market // Iran rial sinks beyond two million per dollar // Anonymous Ox Alpha raises questions over prompt retention //