(Source: BloombergQuint)

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

Editor's Choice

  • Real Estate Developers And Private Equity Investors: Is The Relationship Set To Get Rocky?
  • Five Things To Know About D-Mart And Its Owner Radhakishan Damani
  • A Month After Launch, Most Banks Still To Launch BharatQR Based Applications
  • Reliance Jio’s Entry Did Not Prompt This Merger, Say Kumar Mangalam Birla And Vittorio Colao 
  • Timing Of Demonetisation Political, Served BJP Well: Alastair Newton
  • On October 25, twenty four hours after Cyrus Mistry was replaced as Chairman of Tata Sons, Mistry wrote a letter via email to members of the Tata Sons board and to trustees of the Tata Trusts.

    In the letter Mistry expresses shock at the “happenings at the board meeting of October 24, 2016”. He details his appointment, Ratan Tata’s interference in the business and the financial challenges faced by many Tata Group companies.

    BloombergQuint has a copy of that letter and reproduces it here. Tata Sons has refused comment on the letter and its contents.

    BloombergQuint