Ratan Tata when his half-brother, Noel Naval Tata, filled his shoes and was appointed in October last year the chairman of Tata Trusts, the philanthropic arm of the Tata Group, broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts, which hold a controlling 66% stake in Tata Sons, the holding and promoter firm of Tata Group companies.
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With Noel Tata becoming Ratan Tata's successor, his children are also assuming larger responsibilities. ET has reported today that Noel Tata's daughters, Maya and Leah, have been inducted on the board of trustees of the Sir Ratan Tata Industrial Institute (SRTII), a subset of Sir Ratan Tata Trust. Maya and Leah Tata replaced Arnaz Kotwal and Freddy Talati, who have stepped down as trustees of SRTII. With this, Noel Tata's children are present on the boards of all the smaller Tata Trusts, while they are yet to be inducted on the two main ones-Sir Ratan Tata Trust and Allied Trusts, and Sir Dorabji Tata Trust and Allied Trusts.
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The transition of trustees, however, has caused a spot of internal rift with one outgoing trustee-Arnaz Kotwal-writing to fellow trustees expressing displeasure at the manner in which she was asked to resign to accommodate the incoming trustees, as per the
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