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Noel Naval Tata has succeeded Ratan Tata as the chairman of the Sir Ratan Tata Trusts.

Appointment | Dated: 23 Oct 2024

Noel Naval Tata, the half-brother of Ratan Tata, has been unanimously chosen by the Board members of the Sir Ratan Tata Trusts as the new chairman, taking over all trusts under its umbrella. He will succeed Ratan Tata, who passed away at the age of 86 on October 9, 2024.

🎯 Key Highlights:

  • - Currently, Noel Naval Tata is the chairman of several companies, including Trent Limited, Tata International Ltd, Voltas Ltd, and Tata Investment Corporation Ltd. He also serves as the vice chairman of Tata Steel Ltd and Titan Company Ltd.

💡 Other Important Facts:

  • Tata Trusts holds a 66% stake in Tata Sons. Additionally, 12.87% is owned by various Tata Group companies, while 18.4% is held by the Shapoorji Pallonji family.
  • (ii) Noel Naval Tata began his career at Tata International and became the Managing Director (MD) of Trent in 1999.

📚 Test Your Knowledge:

Who has recently succeeded Ratan Tata as the chairman of the Sir Ratan Tata Trusts?

Correct Answer: Noel Naval Tata

🚀 Quick Recap: