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There will be big changes in the Tata Sons board, new faces will be included!

by Aaryan Srivastav
September 3, 2024
There will be big changes in the Tata Sons board, new faces will be included!

Many new faces can be seen in the board of Tata Sons. Tata Sons can appoint them soon. According to the report of Economics Times, 70-year-old Bhaskar Bhatt will attend the last scheduled meeting today i.e. on Tuesday, after which he can leave his post. Bhaskar Bhatt is a member of the highest decision-making body for the Tata Group. Along with this, he is also the chairman of Tata SIA Airlines. This company looks after the Vistara brand. It is believed that until the merger of Air India and Tata SIA is done, he can work as an advisor. Let us tell you that Jaguar Land Rover director Ralph Speth can also leave his post soon. He is 69 years old.

Bajaj Housing Finance IPO announces price band, will open on September 9

Who can get the next place?

After Bhaskar Bhatt’s departure, Chairman N Chandrasekaran and Group CFO Saurabh Agarwal may get executive representation on the board of Tata Sons. Currently, the nominees of Tata Trust on the board are Vijay Singh (76 years), Venu Srinivasan (71 years). There is no age limit to remain a nominee of Tata Sons. Independent board members include Harish Manwani, Ajay Piramal, Anita M George and Leo Puri.

According to the report, Tata Steel CEO TV Narendran and Trent Chairman Noel Tata may also get a place in the board of Tata Sons. However, permission of Tata Trust will have to be taken for their appointment. Let us tell you that Noel Tata is also a member of Tata Trust at present. No official statement has come on this entire issue yet.

Will have to find a place for them too

Tata Sons will also present the merger plan of Air India and Vistara in Tuesday’s meeting. Apart from this, Tata Group will have to appoint Harish Bhatt, S Padmanabhan and Banamali Agarwal in its management. Harish Bhatt is one of the loyal people of Tata Sons. Agarwal was working as an advisor to Tata Sons.

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