Darius Khambata to exit Tata Trusts, calls Sep 17 a day of infamy
Indian markets convened in a governance development with Sep 17 in focus.
· BS Companies
Darius Khambata will not seek reappointment to two core Tata Trusts, criticising the September 17 Tata Sons board meeting amid disagreements over governance and…
Key facts
- Dates in focus
- Sep 17 and September 17
The analysis
Governance events hit the valuation multiple, not just the earnings — and the de-rating is usually faster than the recovery.