Internal reshuffleThe episode appears to have accelerated an internal reshuffle, with Jagdishan signalling a larger role for deputy MD Kaizad Bharucha: “Kaizad will take on more responsibilities going forward.” He added: “We will re-examine our organisation structure, and with the consent and advice of the board, we will announce it at the appropriate time.” He also said, “Shortly we will have a very intense and cohesive engagement between the management and the board... it’s going to be kind of a joint partnership that will come out at the end.”Jagdishan said no formal discussion on his own reappointment had taken place, adding that the nomination and remuneration committee would take up the matter “in the very near future”.Board members also disclosed attempts to probe the ethical concerns cited by Chakraborty. Mistry said every allegation, including anonymous social media reports, was examined through a rigorous multi-tiered oversight process. Harsh Kumar Bhanwala, chairman of the nominations and remuneration committee, outlined a structured framework where complaints are vetted by the audit committee and, if credible, routed through a formal whistleblower mechanism for “accountability fixation”.
