Board meet to appoint Neville Tata on Sir Ratan Tata Trust as trustee cancelled
New Delhi (PTI): A proposed board meeting of the Sir Ratan Tata Trust (SRTT), which was supposed to take up the appointment of Neville Tata, son of Tata Trusts Chairman Noel Tata, as a trustee on Saturday is understood to have been cancelled due to lack of quorum.
The cancellation of the meeting comes over two months after the failure of the first attempt to induct Neville Tata on the board of SRTT, which holds 23.6 per cent in Tata Sons, the promoter holding firm of the over USD 180 billion Tata Group.
"All trustees could not attend, which is a requirement for trustee appointment," a person with direct knowledge of the development said.
The meeting could be rescheduled in the next few days, the person added.
However, others said the cancellation could be to take more time for discussion among the trustees to reach a consensus on the appointment.
Query to Tata Trusts remained unanswered.
The trustees of SRTT are Noel Tata, Venu Srinivasan, Vijay Singh Jimmy N Tata, Jehangir HC Jehangir and Darius Khambata.
In November last, Neville Tata and former group company leader Bhaskar Bhat were appointed to the Sri Dorabji Tata Trust (SDTT), which owns 28 per cent in Tata Sons. However, they couldn't be appointed to the SRTT, which holds 23.6 per cent in Tata Sons. Other Tata-affiliated trusts own 13.8 per cent in Tata Sons.
It was apparently because of an objection raised by Venu Srinivasan.
Srinivasan, who was unanimously made lifelong trustee in October 2025, had to witness his appointment revisited "in compliance with legal and regulatory requirements".
The Maharashtra government had in September 2025 amended the Maharashtra Public Trusts Act, thereby limiting the number of lifetime trustees to one-fourth of the board strength and mandated fixed terms where trust deeds are silent.
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Adequate LPG stock in Chhattisgarh, no need to panic, says CM Sai
Raipur (PTI): Amid reports of shortage of commercial LPG cylinder in several parts of the country due to the US-Israel-Iran conflict, Chhattisgarh Chief Minister Vishnu Deo Sai on Tuesday assured people that they need not worry about the availability of cooking gas in the state.
He asserted that adequate stock of LPG as well as petrol and diesel was available in the state.
Sai said in a statement that authorities have been directed to regularly monitor stock at gas agencies and keep a close watch on the supply chain. Necessary instructions were issued to officials in all districts to ensure a smooth supply of LPG.
The chief minister instructed officials to take strict action if any complaint of black marketing or hoarding of LPG cylinders is received.
Sai urged state residents not to pay attention to rumours and to book cooking gas cylinders as per their actual requirement.
The government was fully alert to ensure the availability of essential commodities to citizens, he emphasised.
Meanwhile, the Chhattisgarh Hotel and Restaurant Association has issued an advisory to hotels, restaurants, caterers and other food businesses across the state, urging them to maintain calm and avoid panic buying.
In the advisory, Taranjeet Singh Hora, president of the association, asked members to maintain coordination and immediately inform it about any major disruption in LPG supply.
He cautioned businesses against hoarding cylinders, saying such practices could worsen the situation for the entire hospitality sector.
The association advised hotels and restaurants to prioritise essential kitchen operations, core menu items and already committed banquet events.
Use electric cooking equipment wherever possible for emergency and staff kitchens such as induction cooktops, electric hot plates, electric rice cookers and kettles, the advisory stated.
