Tata Sons rejects Noel Tata's objection to Chandrasekaran reappointment

Tata Sons rejects Noel Tata's objection to Chandrasekaran reappointment

Tata Sons has rejected Tata Trust chairman Noel Tata's objection to the reappointment of N. Chandrasekaran, citing two legal opinions backing the board's September 17 vote. The dispute centres on a casting vote by independent director Harish Manwani that broke a tie between trust nominees. Tata Trusts, which owns about 66% of Tata Sons, argues shareholder rights were curtailed.

Source: Telegraph India

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