Overview

• Sources said the Oct. 10 board session was largely administrative and focused on deploying roughly Rs 1,700 crore in charitable funds, with no decisions on Tata Sons board representation.
• Multiple reports described a temporary truce that reinforced Noel Tata’s leadership, with insiders signaling a push for stability across the group.
• The rift intensified after four trustees opposed the reappointment of Vijay Singh to the Tata Sons board, a move he called unprecedented given the Trusts’ tradition of consensus.
• Senior Tata leaders met Home Minister Amit Shah and Finance Minister Nirmala Sitharaman earlier in the week as the government encouraged an internal resolution to safeguard governance stability.
• Key questions remain over how Article 121A governs approvals and information flow, the fate of a possible Tata Sons listing after the RBI-linked deadline passed, and the SP Group’s long-sought liquidity path.