Tata Trusts is understood to have circulated the resolution for the reappointment of Mehli Mistry as trustee for life, with his term set to end on October 28, two persons with knowledge of developments said.

Mistry’s reappointment proposal to Sir Ratan Tata Trust, Sir Dorabji Tata Trust and allied trusts follows on the heels of fellow trustee Venu Srinivasan whose reappointment as lifetime trustee was approved earlier this week.

The reappointment of Mistry, who was inducted to Tata Trusts board in 2022, is being keenly watched as he is understood to have imposed conditions while intimating his approval in support of Srinivasan.

Mistry is understood to have stated that all reappointments to the trustee position, now and in the future, should be unanimous and if they were any opposition,

See Full Page