NDTV·1 min read·medium

Quorum Not Met, Tata Sons Holds Off Annual Meet Days After Chairman's Exit

AI Summary

Tata Sons has postponed its annual general meeting due to a lack of quorum following the recent departure of its chairman. The company is currently in the process of selecting a new leader, with Noel Tata emerging as a primary candidate.

Last week, Tata Trusts set up a committee to recommend a new chairman for Tata Sons. Tata Trusts controls around 66 per cent of Tata Sons. One of the key contenders for the post is Noel Tata who chairs Tata Trusts.

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