New Delhi, April 20 -- Tata Trusts on Sunday said it plans to amend restrictive clauses that currently limit eligibility for trustee positions at an affiliate trust to Zoroastrians, even as it affirmed confidence in chief executive officer (CEO) Siddharth Sharma. This follows public questions raised by vice chairmen Venu Srinivasan and Vijay Singh, after Sharma asked them if they would consider stepping down as trustees at the affiliate trust.
"In order to correct anomalies in the trust deed and to align it with the values that the Tata Trusts have always epitomised, the trustees have decided to adopt proceedings before the appropriate authority for alteration of restrictive clauses in respect of eligibility of trustees. The trustees als...
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