Sir Ratan Tata Trust & Tata Group

Sir Ratan Tata Trust: Sir Ratan Tata Trust is at the center of an internal power struggle among its trustees over board appointments and governance issues, which directly impacts its control over Tata Sons and the broader Tata Group.

Tata Group: The internal dispute within Sir Ratan Tata Trust, which controls Tata Sons, threatens the stability and functioning of the entire Tata Group, potentially impacting its operations and investor confidence.

Sir Ratan Tata Trust: Noel Tata is also the Chairman of Sir Ratan Tata Trust, the largest shareholder of Tata Sons, indicating his significant influence within the broader Tata Group structure.

Tata Group: The Tata Group is implementing its age-based governance and succession policies, leading to the retirement of Noel Tata from several key board positions, including Voltas and Trent Limited. This signifies a broader leadership transition within the conglomerate.

Sir Ratan Tata Trust: Sir Ratan Tata Trust approved a third executive term for Natarajan Chandrasekaran, waiving the customary retirement age. This decision reflects their endorsement of his leadership and a desire for stability within the Tata Group.