Exit plan: Mistrys seek shares in Tata firms
Group suggests being given pro-rata shares in listed Tata entities as part of settlement to end bruising corporate battle.
cyrus mistry
October 2020
September 2020
January 2020
December 2019
Market hopes for early end to Tata-Mistry tangle
Shareholder advisory firms feel negotiations for the exit of the Mistrys from Tata Sons may not take inordinately long since both sides want to move on.
It’s Tata v Mistry on the bourses
The two listed stocks of Shapoorji Pallonji Group jumped on the bourses after the Mistry family said it was considering severing ties with the Tata group.
Tata v Mistry: The final act?
While an amicable separation of the two warring sides may be good for all stakeholders, arriving at an acceptable valuation will not be easy.
SC stays NCLAT order on Mistry’s chairmanship
While Mistry has stated he doesn’t want to return as chairman, it is to be seen if the apex court allows him to come back as Tata Sons director
Cyrus Mistry bids ‘Tata’ to chairmanship
Investors will be pleased with Cyrus Mistry’s decision as it means much-needed stability in leadership at the group at a crucial time.
Tata says Mistry damaged the group’s reputation
The group’s patriarch has now joined the fight between Tata Sons and Cyrus Mistry, and filed a petition in the Supreme Court seeking a stay on the NCLAT order to reinstate Mistry.
Tatas move SC, seek stay on Mistry judgment
The Tata group has filed a petition in the apex court seeking a stay on the order to reinstate Tata Sons ex-chairman Cyrus Mistry; claims the relief provided to Mistry is untenable in law.
The NCLAT judgement and after
Legal experts are debating whether the NCLAT exceeded its brief in the Cyrus Mistry versus Tata Sons case.
Stand vindicated after NCLAT order: Cyrus Mistry
All stakeholders should collectively work for the benefit of the Tata group, said Mistry after the verdict was in his favour, which found merit in his claim of oppression and prejudicial behaviour.
