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Tata Exec's Probe Under Fire: New Email Surfaces
7 Sep
Summary
- Unreported email questions thoroughness of probe into Suprakash Mukhopadhyay.
- Darius Khambata's email to trustees seeks probe into potential code of conduct breaches.
- New investigation urged due to potential conflict of interest in wealth advisory firm.
A recent, previously unreported email has ignited fresh scrutiny over the internal probe that cleared Tata Sons group company secretary Suprakash Mukhopadhyay, an aide to chairman N. Chandrasekaran. The email, sent by Darius Khambata in April 2025, details Mukhopadhyay's role in soliciting investments for his family's wealth-advisory firm, Divinion Advisory Services Pvt. Ltd.
Khambata's correspondence to the Tata Trustees questioned whether the probe adequately examined potential breaches of the Tata Sons Code of Conduct. He disclosed that Mukhopadhyay's daughter had approached him for an investment presentation in late 2022, an interaction he found impressive and subsequently acted upon. Khambata stated he was unaware at the time that the fund was family-owned.
Legal experts suggest a new, independent investigation is warranted. They argue that an internal probe by group employees, where the investigator and prosecutor roles overlap, might be problematic. The Tata Code of Conduct defines conflicts of interest as situations where an employee could derive improper personal benefit for themselves or family members.
The initial internal panel, formed after a Mint report in April 2025, found lapses by Mukhopadhyay but concluded his actions were "not intentional." This panel reportedly did not contact Khambata. Mukhopadhyay, who joined the Tata Group in 1988, is slated to retire in March 2027 after receiving a three-year extension in March 2024.
