Tata Leaders Meet Shah Sitharaman to Contain Trusts Governance Dispute

Top leaders of the Tata Group met with Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman on Tuesday evening in New Delhi as the government stepped in to contain a governance dispute within Tata Trusts that officials said threatened to disrupt the functioning of Tata Sons, the holding company of the conglomerate. Present at the meeting were Tata Trusts chairman Noel Tata, Tata Sons chairman N Chandrasekaran, Tata Trusts vice chairman Venu Srinivasan and trustee Darius Khambata, according to people familiar with the discussions.

The intervention follows a year of rising tensions among trustees since the death of Ratan Tata in October 2024, centered on control of nominee board seats at Tata Sons and the Trusts role in approving key appointments. The immediate flashpoint was the removal of long time Tata Sons nominee director Vijay Singh and the proposal to appoint trustee Mehli Mistry to the board, moves that split trustees and prompted objections from Noel Tata and Venu Srinivasan. A faction of four trustees including Darius Khambata, Jehangir HC Jehangir and Pramit Jhaveri has sought greater oversight, reportedly pressing for approval rights over independent...