Neville Tata to Join Sir Ratan Tata Trust Board; Bhaskar Bhat's Appointment Delayed

• Neville Tata is expected to be appointed as a trustee to the Sir Ratan Tata Trust (SRTT) board during its meeting on Saturday.
• Bhaskar Bhat, former MD of Titan Company, will not be considered for appointment to SRTT at this meeting, despite earlier proposals.
• The change reflects a convergence of views among stakeholders on trustee representation across Sir Ratan Tata Trust and Sir Dorabji Tata Trust.
• Previous attempts in November to induct both Neville Tata and Bhaskar Bhat into SRTT failed due to objections from trustee Venu Srinivasan.
• Trustee appointments are crucial as SRTT and Sir Dorabji Tata Trust collectively hold about two-thirds of Tata Sons, influencing the Tata Group's governance.

Why It Matters: Neville Tata's appointment to Sir Ratan Tata Trust is imminent, while Bhaskar Bhat's induction is on hold.