 "Tata")
Tata Sons, the holding company of the salt-to-software group, is likely to remove the age limit for Tata Trusts nominees on its board, it is learnt. Till now, a Trusts nominee had to retire from the Tata Sons board at 70 years of age, though there’s never a fixed tenure for that position unlike in the case of an independent director.
The latest change implies permanent seats to the nominee directors on Tata Sons board unless recalled by Tata Trusts, sources said. A trustee or a nominee cannot be on the board of any other Tata group company.
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