Tag: Sterling Investments Corp

Cyrus Mistry wins back his chairmanship at Tata Sons

National Company Law Appellate Tribunal (NCLAT) today reinstated Cyrus Mistry as the Executive Chairman of Tata Group while ruling the appointment of N Chandrasekaran as executive chairman illegal. The restoration will come into effect only after four weeks. Cyrus Mistry and family holds a minority stake in the Tata Sons group with 18.4 percent of shares. With this development, Tata shares fell by 5.25%.