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Nusli Wadia voted out as director of Tata Motors

Nusli Wadia removed as TATA Motors director

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A day after he was removed from Tata Steel's board, shareholders of Tata Motors on Friday voted out Nusli Wadia as director of the company.

In the extraordinary general meeting of shareholders held yesterday, 71.20 per cent of the votes polled voted in favour of a resolution moved by promoter Tata Sons seeking his removal, according a regulatory filing by the company.

Of the 293.60 crore shareholders, 69.93 per cent took part in the voting, of which 70.20 per cent voted for Wadia's removal and 28.8 per cent against.

On Wednesday, Wadia was removed as independent director from the board of Tata Steel.

Wadia was removed from Tata Steel board, with 90.8 % of shareholders present at yesterday's EGM voting in favour of his ouster.

In a regulatory filing, the company said out of its total shares of 97.12 crore, 62.54 crore votes were polled, which translate into 64.4 %.

Last week, he filed a Rs 3,000-crore defamation suit against Ratan Tata, Tata Sons and some of its directors. He flied the case in the Bombay High Court following the move by Tata Sons to remove him from the board of the three companies.

Wadia had denied allegations by Tata Sons that he was acting in concert with ousted chairman Cyrus Mistry. Besides, he has refuted claims that he was "galvanising" independent directors and mobilising opinion, forcing disruptions and issuing statements" which were contrary to the interest of the companies as "totally baseless and completely unsubstantiated".

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