N Chandrasekaran, Chairman of Tata Sons, Appointed as Chairman of RTEF.

Appointment

On 25 February 2025, N Chandrasekaran, Chairman of Tata Sons, was appointed as the Chairman of the Ratan Tata Endowment Foundation (RTEF), a Section 8 entity established by the late Ratan Tata.


      - The executors of Ratan Tata's will, including Darius Khambata, Mehli Mistry, Shireen, and Diana Jejeebhoy, sought external legal advice before appointing Chandrasekaran.

      - Chandrasekaran will finalize the staff to manage the foundation and regulate its management structure in the near future.

      - However, it may take up to six months for Ratan Tata's will to go through all formalities and be approved by the Bombay High Court before his wealth is distributed.

Main Point :-   (i) The Foundation is focused on philanthropy and technological research aimed at benefiting Indian society.

      (ii) Notably, Noel Tata, Chairman of Tata Trusts, will not be a part of the RTEF board.


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