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Why the Tata Sons Board and majority-owner Tata Trusts are in conflict | Explained

Дата публикации: 20-09-2026 12:29:29

Tata Trusts, which holds a 66% stake in Tata Sons, has termed N. Chandrasekaran’s reappointment and decision as illegal since Noel Tata vetoed it

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Combined file image of N. Chandrasekaran (L) and Noel Tata (R).

Combined file image of N. Chandrasekaran (L) and Noel Tata (R). | Photo Credit: PTI/Reuters

The story so far: At a board meeting of Tata Sons on Thursday (September 17, 2026) the Board, following a decision by the Nomination & Remuneration Committee (NRC), requested Executive Chairman N. Chandrasekaran to reconsider his decision of not seeking re-appointment, and instead asked him to continue for a period of five years. Mr. Chandrasekaran “acceded to the request” and was re-appointed for the third term starting February 2027. This has now sparked off a back-and-forth between Tata Sons and Tata Trusts.

The Board members include Mr. Chandrasekaran (Chairman), Venu Srinivasan (Tata Trusts nominee direction), Noel Tata (Tata Trusts nominee director), Harish Manwani (Independent Director), Saurabh Agarwal (Executive Director & CFO), and Anita M. George (Independent Director).

Published - September 18, 2026 03:29 pm IST

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Классификация: Информация. Схожих патентов: 0. Схожих новостей: 10. Тональность: 0. Информативность: 10.38. Источник: www.thehindu.com.