N. Chandrasekaran announced he would step down as chairman of Tata Sons when his current term ends on February 20, 2027. File
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The Sir Dorabji Tata Trust, which controls 27.9% holdings in Tata Sons, has accepted the resignation of Tata Sons Chairman N. Chandrasekaran and initiated process to search for his successor.
“On 12th August 2026, our nominee directors received an email from Mr. N. Chandrasekaran, Chairman, Tata Sons Private Limited, wherein he conveyed his decision to not offer himself for re-appointment as Chairman upon the expiry of his current tenure on 20th February 2027,” Tata Trusts said in a statement.
“The Sir Dorabji Tata Trust (SDTT) respects Mr. Chandrasekaran’s decision not to offer himself for re-appointment. We place on record our deepest appreciation for his contribution and stewardship of Tata Sons and the Tata group over the past decade,” it said.
“We thank him for his immense contribution during a period of significant change, growth and transformation across the Group,” the statement said.
“The Trustees of the Sir Dorabji Tata Trust have passed a resolution to initiate the setting up of a Selection Committee as soon as possible in accordance with the Articles of Association of Tata Sons, for the purpose of recommending a person for appointment as the new Chairman of the Board of Directors,” the statement said.
“We extend our full support to Tata Sons in ensuring a smooth, timely and orderly transition of leadership, consistent with the values and long-term interests of Tata Sons and the Tata group,” it added.
Published – August 13, 2026 02:43 pm IST
