Economy
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Updated on 12 Nov 2025, 06:01 am
Reviewed By
Aditi Singh | Whalesbook News Team

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The Board of Trustees of the Sir Dorabji Tata Trust (SDTT) has officially welcomed Bhaskar Bhat, the former Managing Director of Titan Company, and Neville Tata, son of Chairman Noel Tata, as new trustees. These appointments are effective from November 12, 2025, for a three-year term. This significant change follows the departure of Mehli Mistry, who was voted out two weeks prior after a disagreement with trustees. Industry observers view these new additions as Noel Tata solidifying his authority and leadership within the influential Tata Trusts. Furthermore, TVS Group Chairman Venu Srinivasan has been appointed as a trustee and designated as the Vice Chairman of SDTT, adhering to regulatory requirements.
Tata Trusts, through its primary entities like SDTT and Sir Ratan Tata Trust, holds a controlling stake (66%) in Tata Sons, the principal holding company of the entire Tata Group. The Sir Dorabji Tata Trust alone controls 28% of Tata Sons.
Bhaskar Bhat brings extensive experience, having led Titan Company for 17 years and being a former member of the Tata Sons board. Neville Tata, after graduating from Bayes Business School, has been actively involved with Trent, managing operations for its Zudio brand and currently heading Star Bazaar. His father, Noel Tata, also leads Trent.
Impact: This news indicates a significant shift in the governance structure of Tata Trusts, which ultimately oversees the strategic direction of the vast Tata Group. The consolidation of influence by Noel Tata suggests a period of focused leadership and potential strategic realignments. For investors, this could mean increased stability and a clearer vision for the conglomerate's future, potentially impacting the performance of various Tata Group companies. However, any perceived power struggles or governance shifts in such a large entity can also lead to short-term market volatility. Rating: 8/10
Difficult Terms: Tata Trusts: A group of philanthropic institutions founded by the Tata family, which collectively own a majority stake in Tata Sons and guide the Tata Group's long-term vision and social initiatives. Trustee: A person or entity entrusted with managing assets or property for the benefit of others. Sir Dorabji Tata Trust (SDTT): One of the two principal trusts under Tata Trusts, holding a significant stake in Tata Sons and playing a key role in the group's governance. Vice Chairman: A senior leadership position, second in command to the Chairman, responsible for assisting the Chairman and overseeing specific responsibilities. Conglomerate: A large corporation formed by the merging of different, often unrelated, businesses. Market Capitalisation: The total market value of a company's outstanding shares of stock, used to determine its size. Tata Sons: The principal holding company of the Tata Group, owning stakes in various group operating companies and playing a central role in strategic decisions.