MUMBAI: Ratan Tata has left almost Rs 3.5 crore to his home helps and workplace employees – from automotive cleaners to peons. The late industrialist additionally waived off loans prolonged to members of his employees and even a neighbour.
Tata, who died in Oct 2024, additionally directed the executors of his will to distribute Rs 15 lakh out of his property to home servants who have been with him for over seven years in proportion to their years of service. He additionally directed them to distribute Rs 1 lakh to part-time helpers and automotive cleaners.
All his clothes – he wore manufacturers like Daks, Polo, Brooks Brothers, Brioni fits, Hermes ties – might be given to NGOs to distribute them to the underprivileged.
He bequeathed simply over Rs 1 crore to his long-time cook dinner Rajan Shaw (which features a mortgage waiver of Rs 51 lakh), Rs 66 lakh to butler Subbaiah Konar (together with a mortgage waiver of Rs 36 lakh), and Rs 10 lakh to secretary Delnaz Gilder.

He cancelled a Rs 1-crore mortgage given to his government assistant Shantanu Naidu for his MBA research at Cornell College, as reported by TOI in its Oct 25, 2024 version. He bequeathed Rs 1.5 lakh to his driver Raju Leon and wrote off a Rs 18-lakh mortgage.
In his will dated Feb 23, 2022, Ratan Tata mentioned: “I direct my executors that they shall not take any steps to recuperate the loans (from Shaw, Konar, and Raju Leon) and the identical shall not be thought-about as owing to my property. I direct that the quantity of the mortgage shall be thought-about a bequest from me to the involved servants/drivers.”
He left Rs 5 lakh to Tata Trusts guide Hoshi D Malesara, Rs 2 lakh to his Alibaug bungalow caretaker Devendar Katamollu, Rs 1.5 lakh to non-public assistant Deepti Divakaran, and Rs 50,000 every to peons Gopal Singh and Pandurang Gurav. He additionally waived a Rs 2-lakh mortgage to Sarfaraz Deshmukh, one among his helpers.
He allotted Rs 12 lakh for his German shepherd Tito, with Rs 30,000 quarterly disbursements. Tito, adopted after his namesake’s passing, stays underneath Rajan Shaw’s care.
Tata additionally waived a Rs 23.7-lakh mortgage given to his neighbour Jake Malite for his MBA at Warwick Enterprise College, UK. Malite, at the moment based mostly in Switzerland, was with American aerospace producer Pratt & Whitney, as proven in a year-old LinkedIn submit.
One-third of Tata’s residual property (excluding shares and immovable properties) was bequeathed to ex-Taj worker Mohini Dutta. His Seychelles land price Rs 85 lakh was bequeathed to RNT Associates, a Singapore-registered fund, whose shareholders embrace former Tata Trusts managing trustee R Venkatraman and former Tata Applied sciences CEO Patrick McGoldrick.
RNT’s two half-sisters, Shireen Jejeebhoy and Deanna Jejeebhoy (who will every obtain one-third of his residual property), pal Mehli Mistry (recipient of the Alibaug bungalow), and Tata Trusts trustee Darius Khambata are the executors of his will. Every executor will obtain Rs 5 lakh as appreciation for dedicating their effort and time to execute the desire.
The late industrialist had additionally ensured that his funeral and obsequial bills be met by his property. In response to the executors, the funeral bills have been Rs 2,500.