Tata Group stocks mixed after NCLAT restores Mistry as Group exec chairman

The 172-page order said the action taken by Ratan Tata and others against the former Tata Sons chairman was oppressive and illegal

Shares of Tata Group companies were trading mixed in the early trade on Thursday, a day after National Company Law Appellate Tribunal (NCLAT) reinstated Cyrus Mistry as the executive chairman of the Tata group. The 172-page order, while upholding Mistry’s charges that he was ousted without due process, said the action taken by Ratan Tata and others against the former Tata Sons chairman was oppressive and illegal. READ MORE

At 09:47 am, shares of Tata Global Beverages were trading over 0.5 per cent lower at Rs 310 apiece on the BSE while Tata Steel was trading over a