Tata Sons is locked in a boardroom dispute with Tata Trusts, its 66% shareholder, over the reappointment of chairman N. Chandrasekaran and a potential stock market listing. Both sides have hired top lawyers. Tata Trusts may challenge the board's decision in Mumbai's company tribunal, arguing that both trust nominees needed to approve the chairman's reappointment.
Tata Sons Faces Boardroom Rift Over Chairman, Listing
Source: Moneycontrol