Noel Naval Tata Appointed as Additional Director of Tata Steel

In a regulatory filing on Monday, Tata Steel informed that it has appointed Noel Naval Tata as its additional director and he has been designated as the vice-chairman. The company also informed that Mr. Tata was appointed after the approval of the Board of the Company. Tata Steel in its filing said: "Based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors (have) considered and unanimously approved the appointment of Noel Naval Tata as an Additional Director (Non-Executive, Non-Independent) effective March 28, 2022. Further, the Board designated Noel Naval Tata as the Vice-Chairman of the Board of Directors." Noel Naval Tata is currently also the chairman of Tata International Limited, Voltas Limited, Tata Investment Corporation Limited, and is the Vice-Chairman of Titan Company Limited. Other than this, Mr. Tata is also on the Board of Kansai Nerolac Paints Limited and Smiths Plc. He has earlier also worked as the Managing Director of Trent Limited for more than 11 years. He later became the Chairman of Trent Ltd. in the year 2014. He is also a trustee on the boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust.