Tatas have levelled fresh allegations against Cyrus Mistry even as he accused group patriarch Ratan Tata of “eroding the brand and values” with his conduct.
Read: More dirty laundry in Tata-Mistry feud touches chopper scam
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In a communication to stakeholders of Tata firms days ahead of meetings of shareholders of group companies to consider removing Mistry from board of six key listed companies, Tata Sons made several charges against him, including retracting on his promises, concentrating powers and using free-hand given to him to weaken management structures.
Read: Mistry misled to become chairman, breached governance norms: Tata Sons
Here is the full text of document titled ‘An appeal from the Tata Group’:
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