TCS shares fall over 3% amid Tata Sons governance dispute
Tata Consultancy Services shares fell more than 3% in early trade Friday as Tata Trusts challenged the validity of a decision, saying the reappointment was not in line with Tata Sons’ Articles of Association.
Tata Trusts later challenged the validity of the decision, saying the reappointment was not in line with the holding company’s Articles of Association. Shares of Tata Consultancy Services (TCS) fell more than 3 per cent in early trade on Friday as investors reacted to the development.