Vijay Singh exits Tata Sons board ahead of crucial meeting
Vijay Singh, Vice-Chairman of Tata Trusts, has stepped down from the Tata Sons board—right before a key meeting and as the RBI's IPO deadline approaches.
He'll still stay on as a trustee at Tata Trusts, which owns over half of Tata Sons.
Major shifts at Tata Sons
Singh's exit is part of bigger changes at Tata Sons. The company is gearing up for a $1.9 billion IPO through Tata Capital and plans to drop its core investment company status with RBI.
Even with these shake-ups, Noel Tata and Venu Srinivasan will keep their seats as nominees from Tata Trusts.
Singh's age and term limit concerns
At 77, Singh was affected by a new policy that reviews directors over 75 every year—meant to make space for younger members on the board.
He's served two terms since 2013 and reportedly earned ₹3.2 crore in FY25.
T.V. Narendran may join board next
With recent retirements creating more openings, T.V. Narendran (Tata Steel CEO) is likely to join the board soon—continuing the wave of fresh faces during this pivotal phase for the group.