‘I am being sacked’, Cyrus Mistry had texted wife before board meet

New Delhi, October 22 : “I am being sacked” was the text message former Tata Sons chairman Cyrus P Mistry sent to his wife Rohiqa minutes after he was asked to either resign or face termination over Tata Trusts losing confidence in him for a variety of reasons. Minutes before the October 24, 2016 board meeting of Tata Sons–the holding company of the USD 106 billion salt-to- software conglomerate–Ratan Tata and another board member Nitin Nohria came calling on the former chairman, claims Nirmalya Kumar, who was part of the core Group Executive Council (GEC) formed by Mistry. “Nitin Nohria begins by proclaiming that ‘Cyrus as you know the relationship between you and Ratan Tata has not been working’. “Therefore, Nohria continues, Tata Trusts have decided to move a board resolution removing Cyrus as Chairman of Tata Sons. He is offered the option of resigning or facing the resolution for his removal at the upcoming board meeting,” Kumar wrote in a blog.Ratan Tata, according to Kumar, chimes in at this stage to say he is sorry that things have reached this stage.