MEHLI MISTRY
Mehli Mistry challenges ouster from Tata Trust
Mehli Mistry has filed objections against his removal as a trustee of Bai Hirabai Jamsetji Charitable Institution. He claims that the decision was invalid and the voting process was flawed. Mistry argues that the trust deed does not specify a fixed tenure for trustees or eligibility based on citizenship.
Mehli Mistry challenges removal as Tata Trusts trustee, seeks independent inquiry into governance
Mehli Mistry has filed a challenge against his removal as a trustee of the Sir Dorabji Tata Trust. He has raised concerns about procedural irregularities and trustee eligibility in his case. Mistry also seeks an independent inquiry into financial matters related to the trust's administration. He has claimed conflicts of interest and improper financial benefits received by some trustees.
Titan's jewellery, watches, Eyecare businesses post strong Q2 growth; net profit more than doubles
Titan Company experienced significant growth in its various segments, particularly in jewellery and watches. The jewellery division generated Rs 17,495 crore in revenue, reflecting a 24% increase. Additionally, international jewellery revenue saw a substantial rise of 105%. Profit after tax also grew significantly, reaching Rs 1,722 crore, up 54% year-on-year. The board approved a plan to raise up to Rs 2,500 crore through debentures.
Tata Trusts’ spending jumps 73% to Rs 1,556 crore in Noel Tata’s first full year
Tata Trusts reported a 72.5% increase in philanthropic spending to Rs 1,556.31 crore in 2025-26. Major allocations included Rs 457.62 crore for rural upliftment and Rs 270.26 crore for education. Cancer care projects received Rs 178.46 crore, while direct assistance to individuals totaled Rs 202.99 crore. Noel Tata emphasized the importance of sustainable outcomes over sheer spending figures.
Mistry Objection Not Valid, say two Tata Trusts
Two Tata trusts, Sir Dorabji Tata Trust and Bai Hirabai Jamsetji Tata Navsari Charitable Institution, challenge Mehli Mistry's objections. Mistry claims irregularities in trustee appointments, while the trusts deny any illegal actions. Both trusts assert that his term expired and he no longer qualifies as a trustee. Additionally, the BHJTNCI seeks to replace its reporting trustee, leading to further legal disputes. Proceedings on these matters are set for November 5.
NCLAT dismisses Affle 3i's plea against insolvency of Talent Unlimited Online Services
NCLAT has dismissed an appeal by Affle 3i Ltd concerning insolvency proceedings against Talent Unlimited Online Services Pvt Ltd. The dismissal means that Affle 3i can file a new allegation of fraudulent initiation of the insolvency process. The NCLT had already initiated corporate insolvency resolution proceedings based on a Section 7 application. Affle 3i argued that the proceedings were initiated fraudulently, but NCLAT found no substantial evidence.
Mehli Mistry steps down as trustee of Tata Medical Centre Trust, declines re-election
Mehli K Mistry has decided not to seek re-election as a trustee of the Tata Medical Centre Trust. His current term is set to end on September 30, 2026, marking a significant transition. Mistry previously stepped down from various key Tata trusts and companies amid structural changes. He emphasized the importance of transparency and good governance, adhering to Ratan Tata's vision.
Five pivotal figures shaping the battle for $185 billion Tata Group
A widening power struggle at Tata Group has brought several lesser-known figures into focus, from TVS veteran Venu Srinivasan and SP Group’s Shapoor Mistry to Maharashtra Charity Commissioner Amogh Kaloti. Their roles could prove decisive as the battle over N Chandrasekaran’s tenure, Tata Sons’ possible listing and the influence of Tata Trusts moves beyond the boardroom.
Mehli Mistry says Tata Education and Development Trust won't bear legal costs in Tata Sons row
In an email sent by Mehli to Tata Trusts CEO Siddhartha Sharma and 'CC'd'Mehli said TEDT would not bear any part of the legal expenses relating to the dispute.
Tata Trusts dispute: Who is Amogh Kaloti, the Maharashtra Charity Commissioner handling key cases?
One judge, multiple Tata Trusts cases and a dispute gripping corporate India — meet Amogh Kaloti, the low-profile Maharashtra Charity Commissioner who now finds himself holding the gavel in a high-stakes Tata Trusts battle.
Tata Trusts hearings adjourned to October 15
The hearings concerning Mehli Mistry's objections have been postponed to October 15. The legal representatives for Tata Trusts have requested additional time to submit their response. A reporting trustee's recent retirement has influenced one of the ongoing matters. Mistry highlighted various governance issues in his complaints. All three cases will now be addressed on the rescheduled date.
Mehli Mistry seeks scrapping of VC position at Tata Trusts
In a surprising move, Mehli Mistry, a trustee at Tata Trusts, has raised concerns about the relevance of the vice-chairman positions, pointing out that their establishment does not align with the Trust Deed. Introduced amidst a previous legal conflict, Mistry finds the titles meaningless in their current form.
Mehli Mistry: The veteran who once chose Ratan Tata over his family now faces ouster from Tata Trusts
Mehli Mistry, once among Ratan Tata’s closest confidants, is set to exit Tata Trusts after chairman Noel Tata, vice chairman Venu Srinivasan, and trustee Vijay Singh declined to renew his term, effectively ending his tenure at the apex charitable bodies. With three trustees opposing the renewal, the decision forms a majority at both Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), which together control 51% of Tata Sons.
Mehli Mistry joins board of Ratan Tata's investment firm
Tata and Mistry are the only directors of RNT Associates. Mistry's induction has not been previously reported. RNT Associates has offices in Mumbai and Singapore and has invested in startups such as ikure, cult.fit and Greaves Electric Mobility according to Tracxn data. An email sent to Tata did not elicit a reply till the time of going to press.
Mistry vs Mistry: Mehli Mistry counters charges slapped on him by the ousted Tata Sons chairman
Mehli Mistrty believes that had Cyrus’ father Pallonji Mistry been active, this point of no return at the Tata group would never have been crossed.
Cyrus will go down as lame duck of Bombay House: Mehli Mistry
People close to Cyrus believe that Mehli wields a lot of influence over Ratan Tata. Mehli rubbishes these accusations, saying while the friendship can’t be disputed.
Mehli Mistry picks up stake in Tata Power
Mehli Mistry is considering all legal options, the source said. Tata Power ended Thursday at Rs 74.95, up 1.35%, on the BSE.
Tata Sons board also discussed bigger stake in PNB-Metlife on Oct 24: Cyrus Mistry's petition
The board meeting discussed proposal to bid for 70% stake in the insurer in which a key member of Mistry family & a friend of Ratan Tata owned a stake.
Before Cyrus Mistry took charge, companies run by his cousin Mehli gained 300 times from Tata Group contracts
After Cyrus assumed charge in 2012, a bidding process was adopted for contract renewals and his cousin's companies lost some of these contracts.
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