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Tata Sons AGM likely to be adjourned
A regulatory ban on Sir Ratan Tata Trust could leave Tata Sons short of quorum and delay decisions on financial results and N Chandrasekaran’s directorship.
Sir Ratan Tata Trusts (SRTT) the second largest shareholder in Tata Sons with holding of 23.56% is under regulatory ban from Maharashtra Charity Commissioner
N Chandrasekaran resigned as chairman of Tata Sons on August 12th, and the company's annual general meeting is scheduled for today. However, a major obstacle has already arisen before that.