Tata Sons board members have approved calling an extra general body meeting of the company's board to remove Cyrus Mistry as a director. With this now there will be a notice sent to Cyrus Mistry on Thursday for the EGM being called. Tata Trusts, the majority shareholders of Tata Sons, had earlier made a requisition to the holding company’s board to remove Cyrus Mistry as a director. The requisition was circulated to Tata Sons board members today who approved it. The EGM is most likely to be called early next month.
Mistry was sacked as Tata Sons’ chairman in October.