Mumbai, Oct. 21 -- Trustees of the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) have approved the reappointment of trustee and vice-chairman Venu Srinivasan for life.

The decision, finalised on Monday, effectively settles recent differences over governance issues in the Tata Trusts, The Times of India reported.

The move follows the lifetime reappointment of trustee and chairman Noel Tata in January 2025.

The two main Tata Trusts together hold a 52% stake in Tata Sons, the holding company of the Tata group.

Lifetime reappointments reaffirmed

According to The Times of India, the reappointment of Srinivasan was expected after the Trusts unanimously passed a resolution on October 17, 2024, stating that "on expiry of tenu...