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Tata Trusts Faces Internal Divisions Over Trustee Renewals
22 Oct
Summary
- Venu Srinivasan unanimously reappointed as Tata Trusts trustee for life
- Mehli Mistry's renewal as trustee uncertain amid internal divisions
- Tata Trusts holds 66% stake in Tata Sons, the Tata Group's holding company
As of October 22, 2025, Tata Trusts, the umbrella body overseeing several charitable trusts, has unanimously reappointed Venu Srinivasan, the chairman emeritus of TVS Group, as a trustee for life. However, the focus now shifts to the reappointment of Mehli Mistry, whose term is set to expire on October 28, 2025, with opinions divided on whether his continuation is automatic or requires unanimous approval from the trustees.
The reappointment of Srinivasan comes amid reports of a vertical split within Tata Trusts, with one faction said to align with Noel Tata, who took over as chairman following Ratan Tata's death, and the other comprising those seen as loyalists of the former doyen. This internal division within the organization has raised questions about the upcoming decision regarding Mehli Mistry's renewal.
Tata Trusts holds a 66% stake in Tata Sons, the holding company of the 156-year-old Tata Group, which comprises around 400 companies, including 30 listed entities. The reappointment of trustees and the management of Tata Trusts are crucial to the overall governance and direction of the Tata Group, making the current internal divisions a matter of significant interest.
