Cyrus Mistry Removed As TCS Director
Wednesday, December 14, 2016, 11:34 AM
Former Tata Sons Chairman Cyrus Mistry, was voted out as Director of Tata Consultancy Services, as 93.11% voted in favour of the resolution to remove Mr. Mistry, in the IT firms extraordinary general meeting. Out of 86.71% of share holders who voted, 93.11% voted for his ouster. Tata Sons, which holds about 73% stake in TCS, had moved the resolution to oust Mr. Mistry.