No names have yet been finalized. Ratan Tata's recommendations about the final candidate will play a key role in making the final decision, according to the company's top executive.
The inclusion takes place even as Tata Trusts announced the retirement of its first professional CEO Srinath Narasimhan, 60, who was appointed in 2020.
The diversified conglomerate is exploring an exit and is looking to sell its 17.15 percent stake held by its flagship company M Pallonji & Company Pvt
Countering all accusations levelled against his influence over Ratan Tata, Mehli Mistry, promoter of M Pallonji and Company denied his involvement in Cyrus Mistry's removal, reports Economic Times.
The stake purchase by Mehli Mistry is seen as a move to counter Cyrus Mistry who was removed as Tata Sons chairman in October this year. Ratan Tata is the interim chairman of the group.