Tata Sons will pursue legal recourse: Chandra

Tata Sons firmly believes in the strength of its case, and will pursue appropriate legal recourse, its Chairman N Chandrasekaran said in a mail to employees.

The mail, which urged employees to “stay focussed” on their businesses and the welfare of stakeholders, assured them that the group is on course to becoming stronger and more vibrant than it has ever been before. “We will continue to work towards deepening the legacy of this unique institution,” Chandrasekaran said in the mail.

The group’s efforts after Chandrasekaran took over were primarily focussed on restoring stability and moving decisively towards a healthier financial position, conducting businesses with the highest ethical standards and driving growth, among others, it added.