New Delhi, April 20 -- Tata Trusts plans to amend clauses that restrict trustee roles at an affiliate to Zoroastrians, signalling intent for a more inclusive governance framework. The move follows a dispute triggered by former trustee Mehli Mistry, who challenged the eligibility of vice chairmen Venu Srinivasan and Vijay Singh.
The Trusts also reaffirmed confidence in CEO Siddharth Sharma, after he faced criticism for asking the vice chairmen if they would step down from the affiliate body. While one resigned, the episode exposed governance tensions within the group's philanthropic arm.
The proposed changes, likely to require regulatory or judicial approval, aim to align legacy trust deeds with the group's stated values of inclusivity a...
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