Tata Trusts

Freeze on Sir Ratan Tata Trust casts shadow on August 18 AGM

The development follows Chandrasekaran's decision, communicated to the Tata Sons board on Wednesday, not to offer himself for another term as chairman.

Sir Dorabji Tata Trust has passed a resolution to initiate the setting up of a selection committee to recommend a successor to N Chandrasekaran as Tata Sons chairman

Today's pieces examine Tata Sons' governance, India's compliance maze, the next phase of GST reforms, West Bengal's investment record and a book on entrepreneurial failure

Tata Sons faces another leadership change as N Chandrasekaran opts out of a third term, reopening the succession question and highlighting the power balance between the Tata Trusts and the group board

N Chandrasekaran's exit brings Tata Sons' succession process into focus, which remains a carefully structured exercise rather than a conventional corporate appointment

Chandrasekaran joined the Tata group nearly 40 years ago and rose through the ranks to become the CEO of Tata Consultancy Services in 2009 and the chairman of the group in 2017

N Chandrasekaran has resigned as Tata Sons chairman and will complete his current term without seeking reappointment

Tata Trusts trustees have approached Maharashtra's Charity Commissioner seeking permission for Sir Ratan Tata Trust trustees to attend key meetings ahead of the Tata Sons AGM

Tata Trusts is set to meet on August 13 ahead of Tata Sons' August 18 AGM, with quorum concerns and N Chandrasekaran's reappointment among key issues

Tata Trusts will increase its philanthropic spending to about Rs 2,000 crore in the current fiscal, according to its CEO Siddharth Sharma, who hit back at media focussing only on 'chaos' in the congregation of charities that control Tata Sons, the holding company of the over USD 180 billion Tata Group. Seeking to put "the record straight about the core activity of the Tata Trusts, for which we exist- philanthropy", in a post on LinkedIn, Sharma bemoaned the media amplifying "certain narratives unfortunately, at times, without verification & analysis- that happens", terming it "both the reality and the tragedy of our times". Recollecting how the Tata Trusts came into existence and its purpose, he wrote, "As the majority shareholders in Tata Sons, we deploy, year after year, the dividends that we receive, into philanthropic causes that uplift those at society's margins and help build a nation. This predates, by 122 years, the CSR mandate that was introduced in 2014 for Indian ...

Tata Trusts Vice Chairman has urged Maharashtra's charity commissioner to order an inquiry into the transfer of Tata Sons shares from the Navajbai Ratan Tata Trust to late industrialist Naval Tata

Tata Trusts confined discussions to routine matters, deferring decisions on N Chandrasekaran's tenure and Tata Sons' potential listing amid legal challenges

Tata Trusts, the string of non-profits that own two-thirds of the salt-to-software conglomerate, on Friday denied any wrongdoing in a 1989 share transfer. In a statement, TT refuted allegations made by a private person regarding the share transfer made by the Navajbai Ratan Tata Trust (NRTT) to the late Naval H Tata in the year 1989 as "baseless, unsubstantiated and malafide". The statement came after reports of one Suresh Patilkhede approaching the Charity Commissioner's office with a request to initiate an inquiry pertaining to the transfer of 833 shares between the two parties. As per reports, Patilkhede's move comes days ahead of a crucial board meeting of Tata Trusts on June 8. "It is affirmed that the transaction was lawful, undertaken for consideration and fully compliant with the rules in force at that point in time," the TT statement said. The share transfer was cleared at the appropriate levels, including by eminent lawyer Nani A Palkhivala, and approved by the then boar

Upcoming Tata Trusts and Tata Sons board meetings are expected to focus on routine matters, with no immediate decision likely on Chandra's tenure or listing plans

No talk on Chandra's term or listing at meeting called on Noel's behest

The House of Tatas is divided over Tata Sons' listing, among other issues. The 19-month journey since Ratan Tata explains the sequence of events

The Commissioner's Office has warned Tata Trusts that any other appropriate orders can be issued to prevent further violation of rules and protect interest of the public trust and its beneficiaries

Reports state that Venu Srinivasan and Vijay Singh will cease to be trustees at TEDT after May 10, as Mehli Mistry and J N Mistry also voted against their reappointments

A board meeting of Sir Ratan Tata Trust scheduled for Friday to reconsider nominations to the board of Tata Sons was cancelled for unspecified reasons, people with direct knowledge of the matter said. The meeting was cancelled despite the Bombay High Court declining to stay the meeting of Sir Ratan Tata Trust (SRTT), which owns 23.6 per cent of Tata Sons, the holding company of the over USD 180 billion Tata Group. "The meeting did not happen. No reason was specified," one of the persons said. No new date for the meeting has yet been informed. An emailed query to Tata Trusts did not elicit a response. A petition had challenged the meeting, citing that the trust's current board composition breached statutory limits introduced under the Maharashtra Public Trust (Second Amendment) Act, 2025. It cited that SRTT currently has six trustees and three of them -- Jimmy Naval Tata, Jehangir HC Jehangir, and Noel Naval Tata -- are lifetime trustees, constituting 50 per cent of the board, ...