DEAR 90 % OF VARIANS WHO I HAVE PLAYED WITH ON MY TEAMSTOP FEEDING THE OTHER TEAM LIKE THEY ' RE ANIMALS AT A PETTING ZOO ! !!<| sep |> Tata Motors shares down 4 %, top loser on Sensex , Nifty Livemint New Delhi Shares of Tata Motors declined by nearly 4 % on Thursday after the company called an extraordinary general meeting EGM on 22 December to seek shareholders ' approval for removing Cyrus Mistry and Nusli Wadia as directors of the firm . Tata Sons , the company ' s promoter with 26 . 51 % stake , had asked Tata Motors on 10 November to convene an EGM for passing a resolution for removal of Mistry and Wadia as directors . Ousted from Tata Sons , Mistry continues to be chairman of group firms such as Tata Motors and Tata Chemicals . In a filing to the BSE on Wednesday , Tata Motors said the company ' s board at its meeting decided to convene an EGM to consider and if thought fit , to pass an ordinary resolution for removal of C P Mistry and Nusli Wadia as directors of the company . In a board meeting held on 14 November , independent directors of Tata Motors did not offer unanimous support to his leadership and instead backed all decisions taken by the company .