Tata Sons 107th AGM: First Meet After Ratan Tata's Demise: Will Noel Tata Join the Board? Key Decisions Ahead

Tata Sons, the holding company of India's largest business conglomerate, the Tata Group, will hold its 107th Annual General Meeting (AGM) today, August 14th. The high profile event will review Tata Sons' FY25 financial results and consider strategic appointments to the Tata Sons Board of Directors, along with discussing long-term growth plans for the group's diverse businesses covering major sectors like steel, automobiles, IT services, consumer goods, and more.

Agenda of Tata Sons AGM

According to the official AGM agenda, shareholders will first review the Tata Sons FY25 financial performance. The results reflect a challenging year for the conglomerate, with total revenue falling 12% to Rs 38,834.58 crore from Rs 43,893 crore in FY24. The previous year's figures had been boosted by Rs 20,036 crore in other income from the Tata Consultancy Services (TCS) share buyback, a one-off that did not recur this year. Profit also slipped 24% to Rs 26,231.74 crore because of the impact of softer market conditions and reduced extraordinary gains.

A major highlight of the meeting will be the appointment of Noel Tata as a Director of Tata Sons. Known for his leadership roles at Trent Ltd, Tata International, and other Tata Group companies, Noel Tata, who was appointed as the additional Director of the Company in October last year, is expected to bring his deep market expertise and global business experience to the boardroom. His appointment will strengthen the Tata group's leadership panel.

In addition, the AGM will consider the reappointment of Venu Srinivasan and Saurabh Agrawal as directors. The meeting will also address the reappointment of Anita Marangoly George as an independent director.

Tata Sons Dividend 2025

According to company data, Tata Sons' Board has proposed a dividend of Rs. 64,900 per ordinary share for FY2025, up from Rs. 35,000 last year. This results in a record cash payout totalling Rs. 2,622.91 crore to its ordinary shareholders. The proposed dividend is nearly double last year's.

Tata Trusts, which holds 66% of Tata Sons, will receive approximately Rs. 1,731 crore out of this payout. This amount will be used primarily for philanthropic projects and charitable initiatives carried out by Tata Trusts, reports stated.