Markets Business Research Reports Exclusives Economy & Finance Law & Policy

Tata Sons Defends Move To Sack Cyrus Mistry: Full Statement 

Tata Sons issues statement on why they removed Cyrus Mistry as Chairman

Mahima Kapoor
File photo of Cyrus Mistry with Ratan Tata. (Source: PTI)

Weeks after Cyrus Mistry’s scathing letter to the board members of Tata Sons Ltd. and Tata Trusts, Tata Sons has released a detailed statement explaining exactly why they decided to replace Mistry as the Tata Group chairman.

Here is a full reproduction of Tata Sons’ statement sent to media houses.

X
X
X
X
X
X
X
X
X

Also Read

Tata Sons Ousts Cyrus Mistry As TCS Chairman, Looks To Force Him Out Of Group Companies

Documents That Will Reveal The Truth About Cyrus Mistry’s Relationship With Tata Sons’ Board

A Full Reproduction Of Cyrus Mistry’s October 25 Letter To The Tata Sons Board

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES

RECOMMENDED FOR YOU

CFO Leaders: The Making Of Five Star CFOs 
timelogo Jan 14, 2021
Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap
timelogo Aug 19, 2019
Stocks End Record-Setting Week With Further Gains: Markets Wrap
timelogo Jul 15, 2019
The Mutual Fund Show: The Dos And Don’ts Of Online Investing
timelogo Apr 27, 2019

POPULAR

1
Stock Market Live: Nifty, Sensex Off Day's High As ICICI Bank, Tata Steel Drag
2
Agriculture To Post Office: Smriti Irani's Portfolio Shows Wide Diversification
3
Spandana Q4 Review - Earnings Inline; Net Interest Margin Sees Strong Expansion: Motilal Oswal
4
South India's Key Reservoirs Hold Just 17% Of Their Total Live Storage Capacity Of Water
5
ITC Hotels Expands Into Nepal With New Venture Under Fortune Brand