Mumbai: Shareholders of Tata group’s crown jewel TCS will on Tuesday vote on a resolution to remove Cyrus Mistry as the company’s director – a crucial test for both Ratan Tata and the ousted Tata Sons chairman in their ongoing boardroom war.
The result would influence the fate of Mr Mistry, who was on Monday removed as director and chairman of Tata Industries following shareholders’ vote, first such instance of the embattled executive being ousted from the board since his removal as Tata Group chairman in October.
On November 17, Tata Consultancy Services’ board decided to call an extraordinary general meeting or EGM “pursuant to the Special Notice & Requisition dated November 9, 2016 sent by Tata Sons, shareholder of the company holding 73.26 per cent of the paid-up equity share capital of the company”.
