{"id":19680,"date":"2025-10-21T10:45:34","date_gmt":"2025-10-21T10:45:34","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/10\/21\/tata-trusts-reappoints-venu-srinivasan-for-life-focus-on-mehli-mistry-amid-internal-rifts-business-news\/"},"modified":"2025-10-21T10:45:34","modified_gmt":"2025-10-21T10:45:34","slug":"tata-trusts-reappoints-venu-srinivasan-for-life-focus-on-mehli-mistry-amid-internal-rifts-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/21\/tata-trusts-reappoints-venu-srinivasan-for-life-focus-on-mehli-mistry-amid-internal-rifts-business-news\/","title":{"rendered":"Tata Trusts Reappoints Venu Srinivasan For Life; Focus On Mehli Mistry Amid Internal Rifts | Business News"},"content":{"rendered":"


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Last Updated:<\/span>

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry’s renewal<\/h2>\n
\"Tata<\/p>\n

Tata Trusts<\/p>\n<\/figure>\n

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry\u2019s renewal, amid reported internal divisions within the organisation.<\/p>\n

The reappointment of Srinivasan this week, ahead of his term expiring on October 23, comes amid reports of a vertical split within Tata Trusts \u2013 with one faction said to align with Noel Tata, who took over as chairman following Ratan Tata\u2019s death, and the other comprising those seen as loyalists of the former doyen.<\/p>\n

A source with direct knowledge of the matter said reappointment of Srinivasan, chairman emeritus of TVS Group, was unanimous.<\/p>\n

Tata Trusts declined to comment on the news.<\/p>\n

The focus now shifts to the reappointment of Mistry, whose term ends on October 28, with opinions divided on whether his continuation is automatic or requires unanimous approval from the trustees for a lifetime tenure.<\/p>\n

Tata Trusts, the umbrella body overseeing several charitable trusts including the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, holds a 66 per cent stake in Tata Sons \u2013 the holding company of the 156-year-old Tata Group, which comprises around 400 companies, including 30 listed entities.<\/p>\n

\u201cRenewal and fresh appointment is required to be unanimous as per past practice. Renewal, after which it will be for life, requires unanimous approval,” said a source. However, another person said, \u201cThe reappointment is automatic and it is applicable to all the trustees.”<\/p>\n

Citing minutes of the joint meeting of the trustees of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust held on October 17, 2024, the person said it was resolved that on the expiry of tenure of any trustee, the trustee would be reappointed by the concerned trust without any limit being attached to the period of tenure.<\/p>\n

As per the resolution, any trustee who chose to vote otherwise would be in \u201cbreach of their commitment and is not fit and proper to serve on Tata Trusts by such conduct”, the person added.<\/p>\n

Moreover, the person said if there is any breach of the commitment by a Trustee, it will necessitate the reopening of all resolutions passed by Tata Trusts, \u201cincluding the appointment of Noel Tata as a director on the Board of Tata Sons, which formed part of the October 17, 2024 Trustees\u2019 resolution”.<\/p>\n

Also, according to the October 17, 2024 resolution, all trustees are appointed on a long-term and life basis and trusteeship would be revisited upon reaching 75 years of age.<\/p>\n

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI<\/a>)<\/i><\/p>\n

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\"Aparna<\/figure>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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First Published:<\/span><\/p>\n
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October 21, 2025, 15:42 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> Tata Trusts Reappoints Venu Srinivasan For Life; Focus On Mehli Mistry Amid Internal Rifts<\/span><\/div>\n
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Last Updated:October 21, 2025, 15:42 IST Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry’s renewal Tata Trusts Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding…<\/p>\n","protected":false},"author":1,"featured_media":12118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-19680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/19680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=19680"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/19680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/12118"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=19680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=19680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=19680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}