These three people to control stake of Ratan Tata in Tata group companies, not Maya Tata, Leah Tata, Jimmy Tata

The boards of the Ratan Tata Endowment Foundation (RTEF) and the Ratan Tata Endowment Trust (RTET), which inherited the late industrialist’s shares in Tata companies, are undergoing restructuring. According to a report in TOI, Ratan Tata’s half-siblings—Shireen Jejeebhoy, Deanne Jejeebhoy, and Noel Tata—are set to join as trustees, signaling that the family will retain a level of influence over his stake in Tata Group companies.

Noel Tata is getting ready to become a trustee, showing that the family will still have some control over his shares in Tata Group companies. Industrialist-philanthropist Ratan Tata Ratan Tata passed away on October 9 at the age of 86. He was the Chairman of Ratan Tata Trust and Dorabji Tata Trust, two of the largest private-sector-promoted philanthropic trusts in India.

He was honoured with the country’s second-highest civilian award, the Padma Vibhushan, in 2008. Later in October 2024, Tata Trusts, in an official statement, confirmed the appointment of Noel Naval Tata as its new chairman after the demise of Ratan Tata, who served as esteemed chairman of Tata Group for decades and Chairman of the trust.