Shapoor Mistry resigns from Indian Hotels board

Shapoor Mistry, the elder brother of former Tata Sons Chairman Cyrus Mistry, has resigned as a director of the board of Indian Hotels Co.
Taj Mahal hotel in Mumbai. Reuters
Taj Mahal hotel in Mumbai. Reuters

NEW DELHI:  Shapoor Mistry, the elder brother of former Tata Sons Chairman Cyrus Mistry, has resigned as a director of the board of Indian Hotels Co, the company said on Tuesday.

Indian Hotels runs the Tata group's luxury hotels and resorts business.

The Shapoorji Pallonji family own a roughly 18 percent stake in Tata Sons, with Tata Trusts - a group of public charities - owning a controlling 66 percent stake in the holding company. Cyrus Mistry was forced out from the chairmanship of Tata Sons last October, and has since been embroiled in a public spat with the group.

Related Stories

No stories found.

X
The New Indian Express
www.newindianexpress.com