Mehli Mistry, a close confidant of Tata group patriarch, Ratan Tata has joined the boards of two Tata Trusts as a trustee. The two Tata trusts, Sir Dorabji Tata Trust and Sir Ratan Tata Trust, hold 66 per cent stake in Tata Sons Private, the holding company of the Tata group of companies.
Low profile Mehli Mistry, 62, who was caught in the crossfire between his late cousin Cyrus Mistry and Ratan Tata, runs about a dozen companies, with interests ranging from paint distribution to logistics, travel and automotive dealerships. Tata Trusts already has Noel Tata, half brother of Ratan