Cyrus Mistry’s move seeking proportionate representation on Tata Sons board based on these an afterthought, says Tata confidant. Ratan Tata has also refuted claims regarding a Tata bloc and non-Tata bloc made by Cyrus Mistry in terms of shareholder representation. The Tata Trusts are public charitable trusts, the Tata family owns less than 3% and the Tata companies are independent legal entitiesfrom Company-News-Economic Times
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