You are here: Home » Companies » News
Business Standard

Soonawala retires as trustee of Tata Trusts due to health reasons

A Tata group veteran, Soonawala is known to be a close confidant of group patriarch Ratan Tata

Dev Chatterjee  |  Mumbai 

bombay house
Bombay House, head office of the Tata Group

N A Soonawala, a Tata group veteran and a close confidant of group patriarch Ratan Tata has decided to retire as the trustee of the Trust and citing his health and advanced age.

In a statement, said Soonawala, 83, has expressed his gratitude to the trustees for providing him with the privilege of working with them and the directors of the Tata group, who have been his colleagues during his long career. Soonawala was vice-chairman of Tata Sons, the holding company of the Tata group.

"The trustees acknowledge the significant contribution Soonawala has made as a trustee and in the group over the years and respect his desire to step down from the trusts. Ratan N Tata also expressed his personal thanks to Soonawala for his colleagueship over the years and wished him good health in the years ahead," said a statement from On February 14, Noel Tata, the half-brother of Ratan Tata, was appointed as a trustee to the is the second-largest trust among the dozen-odd charities that make up the

First Published: Wed, March 27 2019. 13:51 IST
RECOMMENDED FOR YOU