Tata Sons committee likely to urge N Chandrasekaran to stay
Business
Tata Sons's top committee is likely to urge Chairman N Chandrasekaran to rethink his plan to step down when his term ends in February 2027.
Even though Tata Trusts, the main shareholder, has accepted his decision, the committee feels Chandrasekaran's steady leadership is needed as the company faces a major transition and will discuss this at its board meeting on September 17.
RBI tells Tata Sons to list
With the Reserve Bank of India telling Tata Sons to go public and list its shares, things are moving fast.
The NRC believes Chandrasekaran's experience is crucial for guiding the company through this high-pressure phase.
But even if it wants him to stay, final approval depends on Tata Trusts, which is already dealing with its own internal challenges.