Mumbai, Aug 12: Ahead of the Annual General Meeting (AGM) of Tata Sons, its Chairman N Chandrasekaran today announced that he will not continue in the position beyond his current term which is slated to end in February 2027.
The announcement came amidst tensions within the Tata group, especially between Chandrasekaran and Tata Trusts chairman Noel Tata.
Chandrasekaran joined the Tata group in 1987 and became chief executive officer of TCS in 2009 before taking over as Tata Sons chairman in 2017.
His tenure has coincided with a period of significant expansion as well as challenges for the group, including regulatory scrutiny of Air India following a fatal crash, pricing pressure at TCS and a cyberattack at Jaguar Land Rover that disrupted production.
Tata Sons houses businesses including Tata Consultancy Services, Tata Motors and Air India. (BVI)