Mumbai: Tata Sons, in its statement of November 10, 2016, has already put forward facts so that the decision of the Tata Sons Board, to replace Mr. Cyrus P. Mistry as Chairman, is seen in the desired perspective. The Tata Sons management will do whatever is required to deal with the situation.

In the light of the developments since November 4, 2016, Tata Sons reiterates that it is crucially important for Boards, including independent directors, to consider that their views and positions ensure that the future of Tata companies is protected, taking into consideration the interest of all stakeholders.