
The Tata Education and Development Trust is approaching the renewal of 2 trustee terms while overseeing a corpus of approximately ₹5,000 crore, and the process is generating noticeable friction among its senior members, as per The Economic Times report.
Trustees Venu Srinivasan and Vijay Singh are due for renewal in about 2 months. Extension of their terms requires unanimous approval from the board.
As per the report, Current indications suggest that unanimity may not be achieved, creating uncertainty over the continuation of their service.
Life trustee Mehli Mistry is expected to oppose the proposed extensions. Mistry has previously raised concerns about the vice‑chairman position, arguing that the trust deed does not provide for such a role.
Earlier this year he stepped down from the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust after his reappointment was not approved by a majority of trustees.
Read More: Tata Sons Appoints Former Civil Aviation Secretary Pradeep Singh Kharola as Advisor to Steady Air India!
A 2025 ordinance issued by the Maharashtra government tightened governance norms for public trusts. The rule limits the proportion of life trustees to 25 % of the total board and reinforces the need for unanimous consent on renewals.
Although the requirement for unanimity existed before the ordinance, the new law adds a formal compliance layer that intensifies scrutiny of trustee appointments.
Established roughly a decade ago, the trust focuses on higher education, scholarships, and capacity building. Its estimated corpus of ₹5,000 crore supports a range of programmes aimed at strengthening India’s educational ecosystem.
Renewal discussions at the Tata Education and Development Trust reveal underlying disagreements among trustees, amplified by recent regulatory changes. The outcome of the pending votes will determine whether the current trustees continue to guide the trust’s substantial educational initiatives.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 18, 2026, 11:18 AM IST

Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
