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Tata Sons reaches out to more shareholders as EGMs approach

Tata Sons wants to convey how Mistry is not following the very corporate governance guidelines that he accepted when he became chairman

Abhineet Kumar  |  Mumbai 

Tata Sons will reach out to institutional investors as well as minority shareholder aggregators such as investor relations agencies to convey how Cyrus Mistry is violating the terms of his employment with the holding company as chairman. This also violates the corporate governance guidelines that he himself formulated. When Mistry was appointed chairman on the Tata Sons board, the terms of appointment specified that his appointment on boards of operating companies was because he was Tata Sons’ chairman, as it was a convention. The terms also specified that the day he ceased to ...

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Tata Sons reaches out to more shareholders as EGMs approach

Tata Sons wants to convey how Mistry is not following the very corporate governance guidelines that he accepted when he became chairman

Tata Sons wants to convey how Mistry is not following the very corporate governance guidelines that he accepted when he became chairman Tata Sons will reach out to institutional investors as well as minority shareholder aggregators such as investor relations agencies to convey how Cyrus Mistry is violating the terms of his employment with the holding company as chairman. This also violates the corporate governance guidelines that he himself formulated. When Mistry was appointed chairman on the Tata Sons board, the terms of appointment specified that his appointment on boards of operating companies was because he was Tata Sons’ chairman, as it was a convention. The terms also specified that the day he ceased to ... image
Business Standard
177 22

Tata Sons reaches out to more shareholders as EGMs approach

Tata Sons wants to convey how Mistry is not following the very corporate governance guidelines that he accepted when he became chairman

Tata Sons will reach out to institutional investors as well as minority shareholder aggregators such as investor relations agencies to convey how Cyrus Mistry is violating the terms of his employment with the holding company as chairman. This also violates the corporate governance guidelines that he himself formulated. When Mistry was appointed chairman on the Tata Sons board, the terms of appointment specified that his appointment on boards of operating companies was because he was Tata Sons’ chairman, as it was a convention. The terms also specified that the day he ceased to ...

image
Business Standard
177 22