Tata Trusts Feud: Venu Srinivasan, Vijay Singh Respond To Darius Khambata, Raise Questions Over His Stand

Tata Trusts Feud: Venu Srinivasan, Vijay Singh Respond To Darius Khambata, Raise Questions Over His Stand

The Tata Trusts feud and its twists and turns persist, with the latest one being Trustees Venu Srinivasan and Vijay Singh detailing a response to Darius Khambata's letter and questioning his position on Tata Sons' listing, governance and the reappointment of Chairman N Chandrasekaran.

In a letter dated November 11, 2026, the two Trustees said Khambata's account of the developments was "incomplete in several material respects", while maintaining that they did not question his sincerity.

On the contentious listing issue, Srinivasan and Singh rejected the argument that listing Tata Sons would threaten the Tata model. "An institution's character is preserved by the quality of its governance and accountability, not by its listing status," they said, citing listed Tata companies such as TCS, Tata Steel, Tata Power and Tata Motors.

They also questioned the rationale for not favouring a listing of Tata Sons, asking whether the position stemmed from concerns about preserving the Tata model or considerations relating to control of the company. "Is the real concern the preservation of the Tata model, or the preservation of control over Tata Sons by the present leadership…

Original source: https://www.timesnownews.com/business-economy