Mehli Mistry sends out truce signals to Tata Trusts after filing caveat

Soon after the tension at the Tata Trusts board meeting, renewal of trustees' tenure turned into a contentious issue

Within days of filing a caveat with the Maharashtra Charity Commissioner that he should be heard before being ousted as a Tata Trusts trustee, Mehli Mistry has sent out truce signals. In a communication to Tata Trusts chairman Noel Tata, Mistry, a businessman and a close associate of Ratan Tata, is learnt to have indicated his willingness to  end the ongoing dispute. This is expected to ease the tension at Tata Trusts, which has a controlling stake of around 66 per cent in Tata Sons, the holding company of the salt-to-software conglomerate.

 

In a letter dated November 4, Mistry said