N. Chandrasekaran, Chairman, TATA Sons. File
| Photo Credit: Rajeev Bhatt
N. Chandrasekaran has resigned as chairman of Tata Sons but will serve out his current term, Reuters reported on Wednesday (August 12, 2026), citing a source with direct knowledge of the matter.
Mr. Chandrasekaran said he will not seek reappointment when his term ends on Feb 20, 2027, asks board to decide successor.
Tata Group stocks fell up to 4% on Wednesday (August 12, 2026) after Reuters reported that Tata Sons Chairman N. Chandrasekaran had resigned, sparking a selloff across the conglomerate’s listed companies. India’s top IT services exporter, Tata Consultancy Services (TCS), led the losses, sliding 4.1%, while Jaguar Land Rover-parent Tata Motors PV fell 2.8%.
TCS’ Chandrasekaran named Tata Sons Chairman
Mr. Chandrasekaran, who had joined the Tata Sons board in October 2016, was designated chairman in January 2017 and took official charge in February 2017 in the aftermath of the sacking of Cyrus Mistry as Chairman of Tata Sons.
(With inputs from Reuters)
Published – August 12, 2026 11:37 am IST
