• Thursday, April 25, 2024

Business

India’s Tata calls for final meeting to oust former chairman Mistry

Cyrus Mistry

By: Eastern Eye Staff

India’s salt-to-steel conglomerate Tata Sons Friday (6) cranked up its legal tussle with ousted chairman Cyrus Mistry by calling for a shareholders’ meeting to remove him from its board. “Tata Sons has called for an EGM on February 6th to remove Cyrus Mistry as the director after receiving numerous complaints from shareholders,” said Debashish Ray, a Tata Sons spokesman. Mistry was sacked as chairman of Tata Sons in October and the group sought his ouster from operating companies including Tata Steel, Tata Motors and TCS. Mistry resigned from the board of six companies last month and dragged Tata Sons and…

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