Mehli Mistry Steps Away Gracefully After Tata Trusts Rift

Mehli Mistry Steps Away Gracefully After Tata Trusts Rift

Post by : Bianca Qureshi

Nov. 5, 2025 11:01 a.m. 140

In a calm yet firm move to end ongoing speculation, Mr. Mehli Mistry, former trustee of the Tata Trusts, has decided to step back from the controversy that followed his exit last week. Mistry, who was voted out by a majority of trustees, signalled that he wishes to move on while upholding the legacy of Mr. Ratan Tata’s values.

In a letter addressed to the chairs of the Sir Ratan Tata Trust, Sir Dorabji Tata Trust, and Bhai Hirabai JN Tata Navsari Charitable Institution Trust, Mistry wrote that he aims to “put the quietus on speculative news reports that do not serve the interests of the Tata Trusts and are inimical to its vision.”

Reaffirming his loyalty to Ratan Tata’s ideals, Mistry stated that his commitment includes a duty to ensure that the Trusts are not “plunged into controversy.” He cautioned that escalating the issue further could cause “irreparable harm” to the Trusts’ reputation — an organization long regarded as one of India’s most respected philanthropic institutions.

Mistry’s letter reflects a deep sense of restraint and respect for the larger institution. He recalled how Ratan Tata always placed public interest above personal interest, and said he had tried to emulate that approach throughout his tenure. Guided by Tata’s belief in ethical governance, quiet philanthropy, and integrity, Mistry expressed hope that the remaining trustees would continue to uphold these values through transparency and good governance.

The message ends with a poignant reminder from Ratan Tata himself: “Nobody is bigger than the institution.”

The latest developments come amid internal differences that surfaced following Ratan Tata’s passing last year. Trustees of the Tata Trusts — which collectively own about two-thirds of Tata Sons, the holding company of the Tata Group — have been divided over issues of representation and control. The rift culminated on October 28, when Mistry’s term expired and a majority led by Mr. Noel Tata voted against his continuation.

Known to be one of Ratan Tata’s closest confidantes and an executor of his will, Mehli Mistry’s dignified departure appears to be his final act of loyalty — prioritizing the institution’s stability over personal standing.

#Business News #Economic

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