Nusli Wadia voted out from Tata Motors board of directors
Over 70% of the total votes polled on Thursday were in favour of the resolution to remove Nusli Wadia as an independent director from the board of Tata Motors.india Updated: Dec 23, 2016 12:20 IST
Shareholders of Tata Motors have voted to remove independent director Nusli Wadia from the board of directors.
In the extraordinary general meeting of shareholders on Thursday, 71.20% of the votes polled were in favour of a resolution moved by promoter Tata Sons seeking his removal, according to a regulatory filing by the company.
Of the 293.60 crore shareholders, 69.93% took part in the voting, of which 71.20% voted for Wadia’s removal and 28.8% against.
On Wednesday, Wadia was removed as independent director from the board of Tata Steel.