Ratan Jindal

P.R. Jindal

Naveen Jindal

Sajjan Jindal

Mr. Jindal passed away Shareholders wondered who the next chairperson

would be. Savitri Jindal was appointed as chairperson of all four

companies. P.R. Jindal stepped down The four Companies are run as independent business.

(The Family Council)

Founded in 1884 by Dr. S.K. Burman Market Capitalization of over $2 billion The company went public in 1986 In 1998, the Burman family appointed professionals The family appointed a Family Council It encourages Burman sons to develop their own

ventures

(A Planned Ownership Split)

Setup in 1952 by Mr. M. L. Mittal Lakshmi Mittal helped take the comp. international in

1974. In 1994, Mr. Mittal split the ownership into two parts Lakshmi Mittal was given group’s international

operations The other part was left in the hands of the younger

sons.

(The Family Trust)

Founded by Jamsetji Tata in mid-nineteenth. Comprises nearly 100 companies, with a market

capitalization of about $52 billion. Founders bestowed a large part of their wealth to the

Dorabji Tata, Sir Ratan Tata and other similar trusts. In july 2000 Tata sons formed a Governance council The Tata sons act first as administrators of the trust