Shapoor Mistry is the Chairman of Shapoorji Pallonji & Co and the elder brother of Tata Sons' ousted Chairman Cyrus Mistry.
The company made the announcement through a regulatory filing to stock exchange NSE. The firm runs the Taj Hotels Resorts and Palaces.
On October 24 last year, Tata Sons' Board ousted Mistry as its Chairman and appointed Ratan Tata as Interim Chairman.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.