India charity commissioner orders Tata Trusts to defer board meeting amid probe, document says

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By Jayshree P Upadhyay

MUMBAI, May 15 (Reuters) - India's Maharashtra charity commissioner has ordered Tata Trusts to defer its Saturday board meeting after complaints triggered an inquiry into the trusts' governance.

  • Tata Trusts holds a controlling stake in the holding company of the Tata Group, Tata Sons, which faces pressure to list.

  • The trusts have been told not to hold the meeting until an inspector completes a probe and submits a report.

  • The order follows complaints over trust composition. One of the complainants is Venu Srinivasan, a senior trustee at Tata Trusts.



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