Mehli Mistry has expressed worries, stating that trustees should belong to the Parsi Zoroastrian faith and must reside permanently in Mumbai, as reported by sources to CNBC-TV18.
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Venu Srinivasan, the Chairman Emeritus of TVS Motor, has stepped down from Bai Hirabai Charitable Trust amid debates concerning trustee qualifications, according to sources for CNBC-TV18.
Bai Hirabai Charitable Trust is among the smaller allied trusts affiliated with Tata Trusts.
Srinivasan, a noted Indian industrialist appointed after the late Ratan Tata sought legal advice on the induction of R Krishna Kumar.
As per sources, Srinivasan chose to resign after Mehli Mistry raised concerns, despite there being a precedent for such trustee appointments.
Mistry contends that trustees should be of the Parsi Zoroastrian faith and must have permanent residency in Mumbai, according to the sources.
First Published: Apr 4, 2026 4:26 PM IST
