India charity commissioner orders Tata Trusts to defer board meeting amid probe, document shows (updated)
16/05/2026 03:49
Updates with statement from Tata Trusts in 4th bullet By Jayshree P Upadhyay MUMBAI, May 15 (Reuters) - India's Maharashtra state charity commissioner has ordered Tata Trusts to defer its Saturday board meeting after complaints triggered an inquiry into the trusts' governance. Tata Trusts holds a controlling stake in the holding company of the Tata Group, Tata Sons, which faces pressure to list. The trusts have been told not to hold the meeting until an inspector completes a probe and submits a report. The order, seen by Reuters, follows complaints over trust composition. One of the complainants is Venu Srinivasan, a senior trustee at Tata Trusts, the charity commissioner's order said. In a late-night statement, Tata Trusts said that directions from the authorities are being examined and that it was not aware of any complaint filed by Srinivasan. (Reporting by Jayshree P Upadhyay in Mumbai, Writing by Anna Peverieri in Barcelona; Editing by Shinjini Ganguli and Muralikumar Anantharaman) ((Anna.Peverieri@thomsonreuters.com;))