The Tata Sons board had deferred a decision on extending Chandrasekaran's term during its February 24 meeting
Chandrasekaran, a former chief executive of TCS, joined the Tata Sons board in October 2016 and assumed the chairmanship in January 2017.
Most critically, Noel sought assurances that the group’s holding company could avoid a public listing
The issue has been discussed by Tata Trusts chairman Noel Tata with senior legal professionals
Jhaveri has served as a trustee of the Sir Dorabji Tata Trust since February 12, 2020, after being invited to join by the late Ratan Tata, according to the letter.
The proposed change reflects a broader convergence of views among key stakeholders on how trustee representation should be structured across the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, Tata Trusts insiders said.
The induction would place Neville Tata among the most influential individuals within the Tata group, potentially positioning him for a longer-term role in the family-led conglomerate
Mistry was on the NCPA council as a nominee of the Sir Dorabji Tata Trust and served alongside other Trusts’ representatives, including Jehangir H. Jehangir and Pramit Jhaveri.
Mistry’s resignation from the hospital trust follows his ouster in October from the Tata Group’s main trusts — Sir Dorabji Tata Trust and the Sir Ratan Tata Trust — the two key entities that together hold a majority stake in Tata Sons.
Bhat, who along with Neville Tata was inducted as a trustee of the Sir Dorabji Tata Trust earlier this month, is widely viewed as being close to Noel Tata.
Tata Sons listing may fundamentally alter the balance of power that has long shaped the governance of Tata Group, say analysts.
In the November 10, 2025, letter, reviewed by Moneycontrol, Khambata says he has been “distressed” by the “spin doctored media narrative” around the meeting and describes the coup insinuation as “absurd”.
Sources told Moneycontrol that Neville was initially expected to join both the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, the two biggest shareholders of Tata Sons.
Together, SRTT and SDTT are the two largest Tata Trusts, collectively holding a little over 51 per cent in Tata Sons
At the Tuesday board meeting, trustees also revised Venu Srinivasan's tenure from a life term to three years, following a Maharashtra government rule
According to the sources, Mehli Mistry also cautioned that the precipitation of recent matters could cause irreparable damage to the Tata Group, stressing the need for restraint and careful handling of internal issues.
Mistry, a long-time associate of Ratan Tata, filed a caveat on Friday challenging his removal from the Sir Ratan Tata Trust, the Sir Dorabji Tata Trust, and the Bai Hirabai Jamsetji Navsari Charitable Institution
Mehli Mistry’s reappointment was opposed by trustees Noel Tata, Vijay Singh, and Venkat Srinivasan, signalling the end of his tenure and influence within the Trusts
Although he holds key roles at SRTT and across the broader Tata Trusts, Jimmy Tata is known to rarely take part in board discussions or formal votes
Lifetime-tenure rule faces test as trustees reject Mehli Mistry’s renewal, raising legal and governance questions over Tata Trusts’ 2024 framework
The vote underscores a rare divergence within Tata Trusts, which control a majority stake in Tata Sons.
Mistry, who has served as a trustee since 2022, shares long-standing business and personal ties with the Shapoorji Pallonji (SP) family.
A Tata veteran since 1968, Soonawala played a pivotal role in shaping the group's financial structure
Mehli Mistry, a close associate of Ratan Tata and trustee at both the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, faces the end of his current term on October 28
The government is understood to have told the two sides to resolve the issue amicably and not let their differences spill in the public, considering the significance of the Tata Group on India’s economy.