Now, Tata Motors shareholders remove Nusli Wadia from board
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 % 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 % took part in the voting, of which 70.20 % voted for Wadia's removal and 28.8 % against.
On Wednesday, Wadia was removed as independent director from the board of Tata Steel.