Overview
- The board unanimously approved the appointments at its first meeting after Mehli Mistry’s exit, with effect from November 12, 2025.
- Venu Srinivasan’s lifetime trusteeship was converted to a three-year term and he was designated vice chairman in compliance with the new regulation.
- SDTT holds about 28% of Tata Sons and, alongside Sir Ratan Tata Trust, underpins Tata Trusts’ roughly 66% control of the holding company.
- Coverage interprets the reshuffle as consolidating Noel Tata’s influence, elevating 32-year-old Neville, who leads Trent’s Zudio and serves on other trust boards.
- Bhaskar Bhat, former Titan managing director known for the company’s diversification and growth, joins as an experienced Tata Group leader.