Tata Sons Corporate Governance & Trust Holding Simulator

Article 121B Audit Engine

Governance Scenarios

Tata Trusts (66% Equity)

Trust Approval Status (Art. 121B)

Trust Nominated Directors (3 Seats)

Board Configuration

Independent Directors (3 Seats)

Executive Directors (3 Seats)

Financial Policy Parameters

Operating Dividend Payout (% Target)

45%

Tata Trusts (Controlling Charity - 66%)

Tata Sons Board / Target Entity

Minority Equity (SP Group - 18.4%)

Major Operating Companies (TCS, Motors, Steel)

Reappointment Outcome

Target Executive

N. Chandrasekaran

Status & Final Vote

Rejected

Tata Trusts holds 66% equity and requires majority approval of trust-nominated directors under Articles of Association for chairman reappointment.

Voting Mechanics Audit

Article 121B Trust Veto Triggered

TRUE

Requires majority consent of Trust Nominee Directors

Effective Equity Vote Against Reappointment

66%

Controlling Trust Stake Block

Governance Impasse Index

0.88

Scale 0.0 (Harmony) to 1.0 (Critical Impasse)

Tata Sons Shareholding Table

Dividend Flow to Charity

Projected Annual Trust Distribution

₹2,970 Cr

Based on 45% TCS/Motors Payout Target