ALSO READTata Steel's plans to seek partner on European steel assets unchanged - source Tata Steel plans to seek partner on European steel assets unchanged - source Tata Steel says European steel plans unchanged Tata Sons asks Tata Steel to hold EGM to remove Mistry, Wadia British Steel back in profit after spin-off from Tata
On 21 December 2016Tata Steel announced that the Board of Directors of the Company at its meeting held on 25 November 2016, decided to convene an Extraordinary General Meeting (EGM) pursuant to the Special Notice & Requisition dated 10 November 2016 received from Tata Sons, promoter and principal shareholder of the Company, holding 29.75% of the paid-up Ordinary share capital of the Company, to consider and if thought fit, to pass the following resolutions:
1. Removal of C. P.
Mistry as Director of the Company
2. Removal of Nusli N. Wadia as Director of the Company
The EGM will be held on 21 December 2016 at 3.00 p.m. (IST) at the Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg, Mumbai - 400 020.
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