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Shareholders' EGM ousts Cyrus Mistry as Director of Tata Industries

by IBNS 11 Dec 2016, 07:51 pm

#CyrusMistry #RatanTata #TataIndustries #TataGroup #TataSons

Mumbai, Dec 12 (IBNS): Cyrus Mistry has been removed as Tata Industries director and ceases to be chairman, according to media reports on Monday.

In an extraordinary general meeting voting held on Monday meeting, Cyrus Mistry was ousted as a director of Tata Industries.
 
The meeting was called specifically to remove him, media reported. 
 
Cyrus Mistry was sacked as Tata Sons chairman earlier this year and the group is now trying to remove him from the other positions he holds in its various companies, reported NDTV.
 
Six Tata group companies have called extraordinary general meetings to remove Mistry as director and Tata Sons interim chairman, according to reports.
 
Mistry joined the board of Tata Sons in 2006 and was appointed Chairman in December 2012. 
 
 
Image: AIRNewsTwitter

 

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