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India's Tata Sons says shareholders vote to remove former chair Mistry from board
February 6, 2017 / 11:18 AM / 8 months ago

India's Tata Sons says shareholders vote to remove former chair Mistry from board

MUMBAI, Feb 6 (Reuters) - India’s Tata Sons said on Monday its shareholders have voted to remove former Chairman Cyrus Mistry as a director from its board.

Tata Sons, the holding company of the $100 billion salt-to-software Tata conglomerate, is embroiled in a legal battle with Mistry, who was forced out as chairman in October.

Mistry’s family owns an 18.4 percent stake in Tata Sons, but a majority interest is controlled by a series of Trusts chaired by Tata family patriarch Ratan Tata. (Reporting by Promit Mukherjee and Devidutta Tripathy; Editing by Euan Rocha)

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