Tata Sons defers N Chandrasekaran's 3rd term decision

26-Feb-2026

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The board of Tata Sons on February 21 deferred a decision on the re-appointment of Natarajan Chandrasekaran for a third term as Chairman, according to sources, signalling potential differences within the holding company of the coffee-to-cars-and-software conglomerate.

According to sources, Noel Tata, the chairman of Tata Trusts, which owns two-thirds of the corporate grouping, set a slew of conditions for the reappointment of Chandrasekaran, which ultimately led to the decision being deferred.

Chandrasekaran's term ends in February 2027, and the board of Tata Sons was discussing extending the same when a set of conditions was put forth by Noel Tata, sources said.