Sir Ratan Tata Trust may get formal trust deed as Tata Trusts reviews governance structure

Tata Trusts is reviewing governance for the Sir Ratan Tata Trust. A new trust deed may be drafted. This follows discussions on trustee appointments. The Sir Ratan Tata Trust currently operates under a will. A new ordinance in Maharashtra impacts trustee tenures. This move aims for clearer governance and administration. The Sir Dorabji Tata Trust already has a formal deed.