The Tatas are drawing the battle lines for the last extraordinary general meeting (EGM), in a series that were planned till now, to oust Cyrus Mistry from the group.
The final one, for Tata Sons, is slated for early February, just about a month before his term ends as a board member of the holding company, it is learnt.
This would be more challenging than the EGMs of the group companies as Shapoorji Pallonji, a company promoted by Mistry’s family, is the single largest shareholder of Tata Sons with 18.4 per cent stake, sources pointed out.
Tata Sons