Ratan Tata trusted friend, half-sisters to execute his will

Mumbai: The late Ratan Tata named lawyer Darius Khambata and close friend and associate Mehli Mistry as executors of his will, along with half-sisters Shireen and Deanna Jejeebhoy, according to executives with knowledge of the matter. Tata died on October 9 at the age of 86, with half-brother Noel Tata succeeding him as Tata Trusts chairman.Mehli Mistry was a confidante of Ratan Tata and a trustee on the board of the two main Tata charities, the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, which together hold around 52% in Tata Sons, the holding company of the Tata Group. The Tata Trusts collectively hold a 66% stake in Tata Sons.Ratan Tata held a 0.83% stake in Tata Sons and had a net worth of Rs 7,900 crore, according to the Hurun India Rich List 2024 released in August this year. He was always keen that a significant portion of his wealth go to charity and society. The details of his will are private. The market value of Tata Sons’ stake in the group’s listed…