Mistry on one side claimed
that Tata group of Companies performed well but their results are telling us
different stories. The hedging loss in Tata Motors indicates clearly his
visionary assessment skill set on geo political based currency movement.
His ego triggered attempt to control Tata
Companies where he is Chairman is not going down well with investors including
FII's. He
claimed that during his tenure Tata group of companies performed well but on a
contrary now it's the drag on Nifty and sensex.
He attempted to convince some of the independent
directors to get the favorable statement to ensure his hold on those companies
where he is Chairman and ensuring sell off of such companies equities.
It's time for the shareholders to ensure that
all vote against the independent directors to chairman & that will again
help Tata Sons to rebuild their brand which got the major dent by Mistry
ongoing drama.
If reader agrees then do share it with your
friends and family.In my point of view, Mr.Mistry lacks commitment towards
shareholder. Instead of that he is committed for his own growth. Do we need
such kind of Chairman?
Let
us know your views by downloading Qsurvey from Google play. You
can find many more interesting survey over there.
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