The board of Tata Sons will meet on Tuesday, and discussions on the diversified group’s loss-making companies are likely to come up, sources said on Monday.
However, sources made it clear that any discussion on Tata Sons chairman N Chandrasekaran’s reappointment is unlikely at the board meeting, which comes amid rising frictions within the group.
Individual companies, especially those currently loss-making, are likely to make a presentation on the state of their business and the way ahead, a source said.
Chandrasekaran and Tata Trusts chairman Noel Tata, who is a nominee director on the Tata Sons board, are understood to have met over the weekend to discuss the same matter on the performance of the companies.
In FY25, Tata group’s unlisted businesses posted a loss of Rs 10,905 crore, which is likely to go up to Rs 29,000 crore, according to reports.
It can be noted that the Tata group, which includes the Tata Trusts owning two-thirds of Tata Sons, the holding company of the group,
