Nusli Wadia(PTI file photo)
Nusli Wadia(PTI file photo)

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.
PTI, New Delhi | By HT Correspondent
UPDATED ON DEC 23, 2016 12:20 PM 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.

Read: Tata-Mistry spat shows independence of company directors in India at stake

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.

Read: Independent director Nusli Wadia removed from Tata Steel board

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