N Chandrasekaran is stepping down as Tata Sons chairman after nearly a decade, citing prolonged uncertainty after failing to secure unanimous board support for an extension.
Long-time Tata Group associate Mehli K. Mistry has resigned as a director from Ratan Tata's personal investment firm, RNT Associates, effective July 1. Mistry, an executor of Tata's will, cited "other commitments" for his departure from the firm, known for investing in Indian startups like Ola Electric.
The Bombay High Court permitted the withdrawal of a petition questioning the life trustee structure of Sir Ratan Tata Trust, citing the petitioner's lack of standing. The petition argued the trust's board composition violated Maharashtra's Public Trust (Second Amendment) Act, 2025.
