Mehli Mistry, once regarded as one of Ratan Tata’s closest confidants, is facing potential exit from Tata Trusts after chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh withheld support for his term renewal, ET reported. Mistry's three-year term is set to expire on October 28. Mistry was first appointed to the Tata Trusts in 2022.

About Tata Trusts

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 - the holding company of the 156-year-old Tata Group, which comprises around 400 companies, including 30 listed entities.

All eyes are on October 28

On Tuesday, the Tata Trusts will decide on the reappointment of trustee Mehli Mistry to the Sir D

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