Noel Tata's appointment as Chairman of Tata Trusts led to gains in several Tata group stocks. With this appointment, Noel Tata now leads two of the most influential charitable organizations in the Tata group. He has already been a trustee in both the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust. Specifically, the Sir Dorabji and Sir Ratan Tata Trusts hold a direct 52% stake in Tata Sons, according to reports from India Today. His involvement with the Sir Ratan Tata Trust began in 2019, and he became Vice Chairman of Titan Company in 2018 and Tata Steel in March 2022.

Source: dna October 11, 2024 13:22 UTC