Tata Motors Passenger Vehicles Limited announced the cessation of Mr. Om Prakash Bhatt as an Independent Director, effective March 8, 2026. This departure is due to the completion of his second consecutive term and his attainment of the mandatory retirement age, as mandated by the company’s internal Governance Guidelines on Board Effectiveness. The necessary details regarding the cessation have been filed with the stock exchanges.
Board Change at Tata Motors Passenger Vehicles
Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) has formally informed the stock exchanges regarding a key change in its Board composition. Mr. Om Prakash Bhatt (DIN: 00548091) has stepped down from his position as an Independent Director of the Company.
Reason for Cessation
The cessation was effective from March 8, 2026. This decision was based on two primary factors as per the company’s established internal policies:
- Completion of his second consecutive term as an Independent Director.
- Attainment of the prescribed retirement age, adhering to the Governance Guidelines on Board Effectiveness adopted by the Board of Directors.
Compliance Disclosure
The company confirmed that the required disclosures detailing the cessation of Mr. Bhatt’s directorship, as stipulated by the relevant regulations, have been duly completed and are annexed to the formal announcement. This information has also been made available on the company’s official website.
Source: BSE