Tata Sons likely to induct Noel Tata as Director as part of restructuring plan

Noel Tata is likely to be inducted as a Director on the board of Tata Sons, the holding company of all Tata Group firms as part of a restructuring plan. The move comes after Noel Tata was appointed as a trustee of Sir Ratan Tata Trust, the second-biggest trust of Tata Trusts after Sir Dorabji Tata Trust in 2019. According to sources, the move to appoint Noel Tata on Tata Sons, which had been on the cards for some time, has now gained impetus. There are ongoing discussions in this regard and a final decision is yet to be taken.

There could be few changes to the board composition also.

Certain Tata insiders are also batting for the appointment of Noel on Tata Sons’ board, a move that is understood to be backed by Chairman Emeritus and Noel’s half brother Ratan Tata. According to insiders, the equation between Noel and Ratan has improved over the last few years, especially after Noel backed his brother against Cyrus Mistry.

Noel Tata is now chairman of Trent (which operates Westside) and Tata Investment Corporation. He is also the Managing Director of Tata International and the Vice-Chairman of Titan Company.