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  Business   Companies  23 Dec 2016  Tata Motors removes Nusli Wadia with 71.20 pc votes

Tata Motors removes Nusli Wadia with 71.20 pc votes

PTI
Published : Dec 23, 2016, 10:34 am IST
Updated : Dec 23, 2016, 10:36 am IST

On Wednesday, Wadia was removed as independent director from the board of Tata Steel.

Nusli Wadia.
 Nusli Wadia.

New Delhi: Shareholders of Tata Motors have voted to remove independent director Nusli Wadia from the board of directors.

In the extraordinary general meeting of shareholders held yesterday, 71.20 per cent of the votes polled voted in favour of a resolution moved by promoter Tata Sons seeking his removal, according a regulatory filing by the company.

Of the 293.60 crore shareholders, 69.93 per cent took part in the voting, of which 70.20 per cent voted for Wadia's removal and 28.8 per cent against. On Wednesday, Wadia was removed as independent director from the board of Tata Steel.

Tags: tata motors, nusli wadia, cyrus mistry, ratan tata