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Full text of Nusli Wadia's letter to Tata Motors shareholders

Wadia re-asserts his role as Independent Directors, says Nano a grag on firm's finances

Illustration: Ajay Mohanty
Illustration: Ajay Mohanty

Amid an ongoing battle between ousted Tata Sons chairman Cyrus Mistry and Ratan Tata, Nusli Wadia, an independent director on the board of Tata Motors, on Thursday wrote a letter to the shareholders of the company defending his role on the board and questioning the allegations levelled against him by Tata Sons. "... It is my duty to point out to you, the baseless and false allegations that have been made in the explanatory statement by Tata Sons supporting the resolution to seek my removal. I addressed each of the allegations that they claimed to be their reasons for my ...