Who will take over the reins of Tata Trust? Decision today Who will take command of Tata Trust, decision can be taken today: After Ratan Tata, step brother Noel Tata is a strong contender, he is the chairman of Trent and Voltas.

Noel Trent is the chairman of Voltas, Tata Investments and Tata International.

After the demise of Ratan Tata, a meeting will be held in Mumbai today (Friday, October 11) to decide who will take charge of the group's largest stakeholder 'Tata Trust'. Ratan Tata died late on Wednesday (October 9) night.

Ratan Tata's half-brother Noel Tata is a strong contender to carry forward the Tata legacy due to his family connections and involvement in several of the group's companies.

Naval and Simon Tata's son, Noel Trent, is chairman of Voltas, Tata Investments and Tata International. Vice Chairman of Tata Steel and also on the board of Sir Ratan Tata Trust.

Tata Trust – 66% stake in ₹13.8 lakh crore group

The importance and size of Tata Trust can be understood in this way that it is a group of charitable institutions of Tata Group, which holds 66% stake in Tata Group with a revenue of Rs 13 lakh crore. Under this, Sir Dorabji Tata Trust and Sir Ratan Tata Trust own 52% stake of Tata Sons.

Younger brother Jimmy Tata retired about 25 years ago

Ratan Tata's younger brother Jimmy Tata lives in Mumbai, but he retired in the 90s. Although he holds shares in Tata Sons companies. Like Ratan, he too did not marry and after retirement, he lives in a 2 bedroom flat.

Jimmy Tata has stayed away from active business for more than 25 years. He is also not associated with Tata's new business. In such a situation, there are little chances of him being handed over the command of Tata Trust.