This story is from September 26, 2020

SP’s PR firm head quits Tata company board

Reeba Zachariah / TNN / Updated: Sep 26, 2020, 12:12 IST

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Two weeks after his appointment was approved by the board, Taj GVK Hotels said Dilip Cherian, chairman of Perfect Relations, has resigned from the director’s post. Cherian’s appointment came as a surprise as his firm handles the communications account of Shapoorji Pallonji Group, which is in a legal battle with the Tata Group.

SP’s PR firm head quits Tata company board

(Representative image)

MUMBAI: Two weeks after his appointment was approved by the board, Taj GVK Hotels said Dilip Cherian, chairman of Perfect Relations, has resigned from the director’s post.
Cherian’s appointment came as a surprise as his firm handles the communications account of Shapoorji Pallonji Group, which is in a legal battle with the Tata Group.
Taj GVK Hotels is a part of the Tata Group in which the conglomerate holds 26% stake. In a September 24 regulatory filing, Taj GVK said Cherian, through a September 19 letter, has resigned as a director due to “other business commitments and pre-occupations”.

TOI had reported about Cherian’s appointment at the Taj GVK board on September 15.

Incidentally, another Taj GVK board member and a nominee of the Tata group Giridhar Sanjeevi too has stepped down. Sanjeevi is the CFO of Indian Hotels (IHCL), the oldest listed company in the Tata Group.
Following Sanjeevi’s resignation, Tata now has two nominees on the Taj GVK board — IHCL MD Puneet Chhatwal and general counsel Rajendra Misra.

About the Author

Reeba Zachariah

Reeba Zachariah is assistant corporate editor at The Times of India, Mumbai. She has been covering large Indian business houses such as the Tata Group. She also reports on a host of sectors like hospitality, retail, travel, liquor and consumer durables. She has been writing on mergers and acquisitions and private equity.

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