Cyrus Mistry to become Tata Motors Chairman from Dec 28
   
Quotes

Cyrus Mistry to become Tata Motors Chairman from Dec 28

Last Updated: Thursday, December 13, 2012, 20:00
 
 Comment 0
 
Cyrus Mistry to become Tata Motors Chairman from Dec 28
New Delhi: Tata Motors Thursday said it has appointed Cyrus P Mistry as its Chairman with effect from December 28 after retirement of group chief Ratan N Tata.

"The Board of Directors of Tata Motors today announced the appointment of Cyrus P Mistry as the Chairman of the Board with effect from December 28, 2012, on the retirement of Ratan N Tata," the company said in a statement.

The board also conferred on Tata the honorary title of Chairman Emeritus, it added.

Earlier, Mistry was inducted into the company's board as the Deputy Chairman.

Mistry has been a director of Tata Sons since 2006 and was appointed Deputy Chairman last November.

Last month, Tata had stepped down as Chairman of Tata Global Beverages, making way for successor Mistry, who was inducted into the board of Indian Hotels Company.

Mistry was also appointed as the Deputy Chairman of Tata Steel and Tata Chemicals. Tata Consultancy Services had also inducted him as Deputy Chairman.

Shares of Tata Motors Thursday closed trading 3.96 percent up at Rs 287.40 apiece on the BSE.

PTI


First Published: Thursday, December 13, 2012, 20:00


Comments


comments powered by Disqus
Mahindra New Thar CRDe
Mahindra New Thar CRDe
New Generation Scorpio
New Generation Scorpio
BRICS SUMMIT Ufa
BRICS SUMMIT Ufa
New Vento 2015
New Vento 2015
Audi all-new SUV Q3
Audi all-new SUV Q3

Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved