The resolutions to renew the directorship of Ajay Piramal and Venu Srinvasan were also cleared by the shareholders
Noel Tata is also the chairman of Tata International Limited, Voltas Limited, Tata Investment Corporation Limited and the vice-chairman of Titan Company.
Noel Tata, half-brother of Ratan Tata, joined Sir Dorabji Tata Trust last week, marking the entry of the next generation of Tata family in Tata Trusts
Reports said the move signals succession planning and continued association of the Tata family with the philanthropic body that controls the Tata group
India's cosmetics and beauty market is estimated to nearly double by 2025 from $11 billion in 2017, aided in good measure by online retailers.
Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata
Noel, half brother of Tata group patriarch Ratan Tata, was inducted on the board of Tata Trusts in 2019 for three years
Former CEO of Citi India Pramit Jhaveri and Tata Groups Noel Tata are the top contenders for positions on Tata Sons board as they get vacated
The tenure of Noel can also be cut short by the trustees, if the need arises, said a source close to the development
Noel is the half-brother of Ratan Tata and brother-in-law of former Tata Sons chairman Cyrus Mistry
Like Tata and Mistry, Noel also prefers to keep a low profile and is rarely seen in public