1. Tata Sons gets 3-month extension to hold AGM after quorum issue

Tata Sons gets 3-month extension to hold AGM after quorum issue

Business

  • Tata Sons has received a three-month extension from the Registrar of Companies to hold its annual general meeting.
  • Its August 18 AGM was deferred after a lack of quorum due to restrictions on the Sir Ratan Tata Trust.
  • The trust, which holds a major stake in Tata Sons, was unable to participate in the meeting due to the restrictions.
  • The AGM can be held earlier if the restrictions on the Sir Ratan Tata Trust are lifted.

Source: economictimes.indiatimes.com

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