Shareholders of Tata Motors have voted to remove independent director Nusli Wadia from the board of directors.
In the extraordinary general meeting of shareholders held yesterday, 71.20 per cent of the votes polled voted in favour of a resolution moved by promoter Tata Sons seeking his removal, according a regulatory filing by the company.
Of the 293.60 crore shareholders, 69.93 per cent took part in the voting, of which 70.20 per cent voted for Wadia’s removal and 28.8 per cent against.
On Wednesday, Wadia was removed as independent director from the board of Tata Steel.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.