Wadia files defamation suit against Ratan Tata

After removing Mistry as head of Tata Sons — the holding company of the USD 103 billion salt-to-software Tata Group — the promoters have sought to remove him from boards of operating companies.

Wadia, who has openly sided with Mistry, too is being sought to be removed from boards of Tata Motors, Tata Steel and Tata Chemicals, where he is an independent director.

Shareholders of Tata Steel and Tata Motors have voted out Wadia at extraordinary general meetings in last two days, while the same of Tata Chemicals is happening today.

From Agencies, Feature image courtesy indianexpress