Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

Cyrus Mistry, former chairman of Tata Sons, leaves after attending a meeting at the company's head office in Mumbai, India on Nov 14, 2016.
Cyrus Mistry, former chairman of Tata Sons, leaves after attending a meeting at the company's head office in Mumbai, India on Nov 14, 2016. PHOTO: EPA

MUMBAI (REUTERS) - India's Tata Consultancy Services said on Thursday that the company would hold an extraordinary general meeting on Dec. 13 to decide on the removal of former chairman Cyrus Mistry as director from the company's board.

Tata Sons, TCS' parent and holding firm for the US$100 billion (S$141.5 billion) salt-to-software Tata empire, has called for a shareholder meeting at several of its group companies such as Tata Steel and Tata Motors, to remove Mr Mistry from their respective boards.

In a boardroom coup last month Mr Mistry was removed as chairman of Tata Sons and patriach Ratan Tata is back at the helm temporarily. Days later he was sacked as chairman of TCS in which Tata Sons holds more than 73 per cent stake.

A public power struggle has since ensued between Mr Mistry and Tata.