Shapoor Mistry lone representative on boards of family investments firms

Both firms own 18.4% stake in Tata Sons

Shapoor Mistry, head of billionaire Mistry family, is the lone representative on the boards of the two family investments firms, which jointly hold 18.4 per cent stake in Tata Sons Private — the holding company of the Tata group. The former chairman of Tata group, late Cyrus Mistry, was representing the family of the investment firms — Cyrus Investments and Sterling, along with Shapoor earlier.

The two sons of Cyrus have not been inducted into the boards as yet, but have joined the businesses, said a source close to the development.  Both brothers hold equal stake in all the Mistry