Mumbai, Oct. 28 -- It's final-Mehli Mistry will exit the boards of the Sir Dorabji Tata Trust and Sir Ratan Tata Trust-after three out of six trustees voted against his reappointment, media reports said.

Out of the six trustees, three opposed the 65-year-old's renomination through a circular resolution circulated last week, according to a Business Standard report.

The three trustees - Chairman Noel Tata, Venu Srinivasan, chairman of TVS Group, and former defence secretary Vijay Singh - opposed his renewal, the report said, citing people familiar with the matter.

At the Dorabji Tata Trust, Darius Khambata and Prameet Jhaveri voted in favour of Mistry, while at the Ratan Tata Trust, Khambata and Jehangir H Jehangir supported his continua...