'Validly Passed': Tata Sons Cites Ex-CJI's Opinion To Back Board Decision On N Chandra's Reappointment
Indian markets convened in a governance development with Sept. 17 in focus.
· NDTV Profit
The company shared the legal opinions in its response to an email from Tata Trusts Chairman Noel Tata questioning the legality of the resolution passed at the Sept. 17 board meeting.
Key facts
- Dates in focus
- Sept. 17
The analysis
Governance events hit the valuation multiple, not just the earnings — and the de-rating is usually faster than the recovery.