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Cyrus Mistry is Fighting Lost Battle with Tata Sons

Tata Sons & Cyrus Mistry Boardroom Battle pushed many Tata Sons owned listed companies to call EGM to get rid off Cyrus Mistry. Cyrus Mistry post being sacked from Tata Sons Chairmanship intentionally hanged onto Chairman and Director position of many listed companies of Tata Sons such as Tata Power, Tata Chemical, Tata Motors, Tata Steel, Indian Hotels, TCS, TGBL, Tata Industries & Tata Tele.

Tata Sons yesterday during TCS EGM Ensured ouster of Cyrus Mistry. Many big mutual funds and FPI's abstained from voting and in way indirectly helped Tata Sons. It's an indication to Cyrus Mistry to resign from remaining company gracefully rather than getting humiliated during each EGM. In my opinion, even if the voting trend of TCS prevails with other Tata Companies EGM then also Tata Sons will sail through in their effort to get rid of Cyrus Mistry.
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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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