Head of Tata Trusts may be disallowed from heading a Tata Group company

Ratan Tata was the last person to chair both the companies, Tata Sons and Tata Trusts, after JRD Tata. He is deliberating on the issue to ensure that the interests of both companies are protected

People holding top positions at Tata Trusts may soon be disallowed from heading other Tata Sons companies while honouring the will of its founders. The company is in consultation with legal experts to introduce a clause in the trust deeds to implement this, according to a report by Economic Times.

According to the report, this clause is being introduced to plan the succession in the organisation. About 66 per cent of the group's equity capital is with the trusts owned by the Tata family. The highest share is held by Sir Dorabji Tata Trust and Sir Ratan Tata Trust.

Currently,