Mehli Mistry, one of the late Ratan Tata’s closest associates, has resigned from the board of RNT Associates Pvt Ltd, the family office that managed Ratan Tata’s personal investments. His resignation comes a little over three years after he joined the board and follows his exit from Tata Trusts last year.
According to reports, Mistry submitted his resignation on June 30 and stepped down as a director from July 1. He reportedly said he was leaving due to “preoccupation with my other commitments”.
Neither RNT Associates nor Mehli Mistry has made any public statement on the matter.
Mistry’s resignation from RNT Associates comes months after he was removed from Tata Trusts in November 2025. Tata Trusts are the charitable organisations that own Tata Sons, the holding company of the Tata Group.
His latest decision marks another step away from the Tata Group and organisations linked to it.
However, Mistry continues to serve as a board member of Tata Education and Development Trust, one of the largest affiliates of Tata Trusts.
Following Mistry’s exit, RNT Associates has four directors on its board. They are Ratan Tata’s sisters, Shireen Jejeebhoy and Deanna Jejeebhoy, along with Jamsheed Poncha, a senior executive at Tata Sons, and Tata Sons General Counsel Sidharth Sharma.
What is RNT Associates?
RNT Associates was set up in 2009 as the main investment office for Ratan Tata’s personal investments. Through this platform, the veteran industrialist invested in several promising startups across different sectors.
Over the years, RNT Associates has backed many well-known Indian companies, including BlueStone, Ola Electric, CarDekho, Moglix, Urban Company, Lenskart, Cure.fit, CashKaro and FirstCry.
The investment office played a key role in building Ratan Tata’s personal startup portfolio, reflecting his strong interest in supporting young entrepreneurs and new-age businesses. With Mehli Mistry’s departure, the family office sees another important leadership change following the passing of Ratan Tata.