Noel Tata, chairman of retail chain Trent and former Citibank India head, Pramit Jhaveri are frontrunners to get a seat on the board of Tata Sons, the holding firm of the Tata Group.
Each are presently on the board of Tata Trusts and can signify the trusts on Tata Sons board, CNBC TV18 reported. Tata Sons declined to touch upon the report. As of now, Venu Srinivasan, chairman of TVS group and Vice Chairman of Tata Trusts, is representing the Tata Trusts on Tata Sons board.
Noel, half brother of Tata group patriarch Ratan Tata, was inducted on the board of Tata Trusts in 2019 for 3 years.
Jhaveri joined Dorabji Belief final 12 months. Tata Sons’ annual normal assembly is normally held in August and if these two appointments are made then it might require shareholders permission within the meet. bs reporter
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