Both firms own 18.4% stake in Tata Sons
Company turned around in FY22 after the Covid pandemic hit its core real estate operations in FY21; experts say Pallonji Mistry's sons now lead the businesses
The majority of Tata Sons shareholders vote for directors' appointment
The Mistry family has challenged apex court's March 2021 decision which agreed with Tata Sons board to remove Cyrus Mistry as chairman
Now the Mistrys are not getting even a board seat on Tata Sons, and the court has left it to both parties to negotiate the exit price of Mistrys
Mistrys say it's vindictive move aimed to delays fund raise; will jeopardise future of 60,000 employees and over 100,000 migrant workers
Funds being raised via debt, sale of part stake in Sterling and Wilson Solar
They related to companies including Tata Motors, Tata Teleservices, and Tata Power