Pramit Jhaveri steps down from reappointment as trustee of the Sir Dorab Tata Trust

Tata Trusts board member Pramit Jhaveri has said he will not be considered for reappointment as trustee of Sir Dorab Tata Trust when his term ends on February 11. This paves the way for Tata Trusts chairman Noel Tata to gain a stronger hold on the Tata Group.

With an approximately 66 percent stake in Tata Sons, Tata Trusts, through its board of directors, is the primary holding company and promoter of Tata Sons.

In a letter to Noel Tata, Jhaveri said: “It has been an honor to serve as a trustee of the Tata Trusts, and I would like to take this opportunity to convey my very best wishes to the Trusts in the years to come.

He said he had been a trustee of SDTT since February 11, 2020, when the late Ratan Tata invited him to join.

“As discussed with you several days ago, I am now writing to inform you that I do not wish to be considered for reappointment as a trustee of SDTT when my current term expires on February 11, 2026.

Second exit

Jhaveri is the second trustee to step down from the board of Tata Trusts after Mehli Mistry, who in November last year decided to resign and part ways with Tata Trusts after being removed from the board in October, with the majority of trustees voting against his reappointment.

Jhaveri had joined Mistry after differences arose among the trustees over control of Tata Sons, corporate governance issues and representation on the board.

The bickering between the curators, which spilled over into the public domain, prompted the government to intervene and instruct them to find an amicable solution.

Power shift

With the departure of Mistry and now Jhaveri, Noel Tata is believed to have greater control over Tata Trusts and, as a result, Tata Sons.

Noel Tata’s son Neville Tata has already been included on the board of Sir Dorabji Tata Trust, and the next step is to place him on the board of Sir Ratan Tata Trust, the two key trusts within the Tata Trusts group.

Published on January 31, 2026