Tata Sons’s move to grant Chandrasekaran another term short of shareholder math: A look at numbers
The shareholding math required for N Chandrasekaran to retain his Tata Sons directorship appears heavily stacked against him, a day after the board revolted against the majority owner Tata Trusts to grant him a third term as chairman. Noel Tata opposed Chandrasekaran’s continuance on Thursday, while Tata Trusts termed the decision “illegal.” (via REUTERS) As…
