Veteran businessman Ratan Tata, who headed the Tata Group for years, died on October 9. He was 86 years old. After the death of Ratan Tata, his half brother Noel Tata has been made the new chairman of Tata Trust. Now the decision taken in the will of Ratan Tata has to be fulfilled. According to the report, Ratan Tata has appointed lawyer Darius Khambata, his close aide Mehli Mistry and his half-sisters Shireen and Deanna Jejeebhoy to execute the will.
Apart from Tata Sons, Ratan Tata had stake in these companies
According to the Hurun India Rich List 2024 report, Ratan Tata had 0.83 percent stake in Tata Sons. His net worth was Rs 7900 crore. About three-fourths of Ratan Tata’s wealth is related to his shareholding in Tata Sons. Apart from this, Ratan Tata had invested in about 2 dozen companies like Ola, Paytm, Tracxn, FirstCry, Bluestone, CarDekho, CashKaro, Urban Company, Upstox. Apart from this, he had houses in Colaba and Alibaug, Mumbai. The details of Ratan Tata’s will are private.
Who is Mehli Mistry?
Mehli Mistry is known to be close to Ratan Tata. Mehli is a trustee of Sir Dorabji Tata Trust and Sir Ratan Tata Trust. The total stake of these two trusts together in Tata Sons is 52 percent. At the same time, Tata Trusts’ total stake in Tata Sons is 66 percent. Let us tell you that the holding company of Tata Group is Tata Sons. Among the listed companies of Tata Group, Tata Sons has a market value of Rs 16.71 lakh crore.
Darius Khambata has helped in making the will
According to the report, Darius Khambatta has helped Ratan Tata in making the will. Last year, he returned as a trustee in two major Tata trusts. Earlier he had left Tata Trusts citing personal reasons.
