“The Group has been there for 150 years. It has been based on governance, fair play,” he said. “I think the truth will prevail, whatever the process may be, however painful it may be.”
“The truth will prevail and the systems in our country will govern,” he said thanking shareholders for their support.
The extraordinary general meeting of Tata Chemicals was called to consider a resolution by Tata Sons seeking removal of Mistry and his supporter independent director Nusli Wadia from the board of directors. With Mistry resigning, the resolution had become infructous and the shareholders only voted on the one pertaining to Wadia.
