Business Standard

Chandra re-appointment: Mistrys abstain from voting at Tata Sons EGM

The majority of Tata Sons shareholders vote for directors' appointment

N Chandrasekaran, chairman, Tata Sons
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N Chandrasekaran has been appointed for a second term beginning February this year

Dev Chatterjee Mumbai
The Mistry family, which owns 18.4 per cent stake in Tata Sons Private Ltd, abstained from voting on the reappointment of group chairman N Chandrasekaran and appointment of independent director, Leo Puri — at the shareholders’ meeting held on Monday.

The Mistry family however rejected appointment of Vijay Singh as a director saying in the past, Singh had not fulfilled his fudicary duty to the company but only taken instructions from the majority shareholder, Tata Trusts.

Chandra, who drew a remuneration of ~91 crore in the financial year ending March 2021, was appointed for a second term beginning February 2022 by the

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