In a significant development reflecting growing fissures within the Tata Trusts, Mehli K Mistry — a long-time confidant of the late Ratan Tata — has written to all trustees, including chairman Noel Tata, announcing his decision to step down and calling for calm amid 'speculative reportage' and internal discord. In his letter dated 4 November 2025, shortly after his return to Mumbai, Mr Mistry says that his decision was driven by a desire to uphold the values of integrity and public service that Ratan Tata had espoused. “It has been my privilege to serve as a Trustee, an opportunity granted through the personal endorsement of the late Mr Ratan N Tata, my dearest friend and mentor,” the letter reads. “I have been made aware of the recent reportage surrounding my trusteeship in the Tata

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