Full text: Why Tata Sons lost confidence in Cyrus Mistry
Before EGMs, Tata group writes 'an appeal' to stakeholders of all group companies Even as both camps in the Tata vs Mistry boardroombattle get ready for the impending extraordinary general meetings of various Tata group companies to oust former Tata Sons chairman Cyrus as director, the war of words through statements and counter-statements do not seem to end. On Sunday, while the Ratan Tata camp alleged that Mistry misled the selection committee to become the chairman of Tata Sons, Mistry’s office stated that Ratan Tata had been repeating the same lie a thousand times and hoping it to become a truth. ALSO READ: Mistry misled to become chairman, says Tata Sons Here is the full text of the Tata group’s letter to stakeholders explaining why the group lost its confidence in Cyrus Mistry: AN APPEAL FROM THE TATA GROUP TO ALL STAKEHOLDERS OF TATA COMPANIES Extraordinary General Meetings of various Tata Companies are coming up over the next few weeks. We, at Tata Sons Lt...