BusinessPhoto: Business StandardDarius Khambata to Exit Tata Trusts, Calls September 17 a Day of Infamy
Senior advocate Darius Khambata announced he will not seek reappointment as trustee of Tata Trusts, the largest shareholder of Tata Sons with a 66% stake. His term at Sir Dorabji Tata Trust and Sir Ratan Tata Trust ends this month. Khambata called the September 17 Tata Sons board meeting a 'day of infamy' in his exit letter. The trusts face scrutiny over trustee tenures and compliance with Maharashtra Public Trusts Act.
Business Standard·



