Tata Trusts makes Venu Srinivasan trustee for life

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry’s renewal, amid reported internal divisions within the organisation.

The reappointment of Srinivasan this week, ahead of his term expiring on October 23, comes amid reports of a vertical split within Tata Trusts — with one faction said to align with Noel Tata, who took over as Chairman following Ratan Tata’s death, and the other comprising those seen as loyalists of the former doyen.

Tata Trusts declined to comment on the news.

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