4 Tata firms to vote on Mistry’s removal as director this week

In what could prove to be a crucial week in the ongoing boardroom war between Tata Sons and its ousted Chairman Cyrus Mistry, four listed firms of the group will vote on resolutions to remove him as director from their boards.

All eyes will be on the outcome of voting by shareholders of Indian Hotels Co Ltd (IHCL), Tata Steel, Tata Motors and Tata Chemicals at their EGMs to be held on December 20-23.

Besides deciding the fate of Mistry, shareholders of three companies — Tata Steel, Tata Motors and Tata Chemicals will also vote on similar resolutions moved by Tata Sons to remove independent director Nusli Wadia from their boards.