Noel, three SDTT trustees slam Venu, Vijay over listing ‘epiphanies’, accuse them of breaching fiduciary duties

Tata Trusts chairman Noel Tata and three fellow trustees of the Sir Dorabji Tata Trust (SDTT) have slammed the decision of its vice-chairmen Venu Srinivasan and Vijay Singh supporting a public listing of Tata Sons, stating the two never voiced their preference at any board meeting of Tata Trusts, which has a stated position of keeping the holding company private.In a sharply worded letter sent to Singh and Srinivasan on Monday, the four trustees termed their recent support for a publicly listed Tata Sons an "epiphany", after they signed off on the opposite in the past. The letter, which bares the deep rift at the heart of Tata Trusts, also signals the balance of power in SDTT, with four trustees ranged against two.