Full Text Of Cyrus Mistry’s Letter To Tata Group


A day after being sacked as Tata Sons chairman, Cyrus Mistry wrote a reply letter to the board yesterday, making several shocking revelations about his role in the company and the company’s financial health, among other things.

In the letter, Mistry expressed disbelief on being sacked on the basis of non-performance and said he was made chief of the conglomerate when it was already debt-laden and saddled with losses.

As a defence of his performance, Mistry pointed out in the letter that under his chairmanship, the group’s net worth had risen from Rs 26,000 crore to Rs 42,000 crore.

Here’s the letter reproduced in its entirety:

   Full text of Cyrus Mistry's letter to Tata board by Swarajya on Scribd

You may also like to read our latest analysed news:

Note: If you like being among the first to know about latest news, trending hoaxes, fake news etc, consider giving us a like on facebook or follow us on twitter (@myayupp)
Ayupp News