TCS To Convene EGM On December 13 To Remove Cyrus Mistry As Director
TCS’ filing came after a Tata Sons board meeting that was held ealier in the evening.
Tata Consultancy Services Ltd. announced that the board has decided to convene an extraordinary general meeting (EGM) on December 13, seeking to pass a resolution for removal of Cyrus Mistry as the director of the company.
The EGM was convened following the majority stakeholder Tata Sons' special notice and requisition on November 9, TCS said in a stock exchange filing. The filing came after a Tata Sons board meeting that was held ealier in the evening.
Cyrus Mistry was removed as chairman of TCS on November 10, but remained a director on the board of the company.
On November 11, Tata Sons had sent notices asking for EGMs to be convened by the boards of Tata Steel, Tata Chemicals and Tata Motors to remove Mistry as director. However, the date of these EGMs have not yet been decided.
Read: Tata Sons Wants Not Just Mistry, But Also Nusli Wadia To Be Shown The Door
