N. Chandrasekaran to step down as Tata Sons Chairman in Feb 2027

N. Chandrasekaran has announced his decision not to seek reappointment as Chairman of Tata Sons when his current term ends on February 20, 2027. This follows a board meeting on February 24, 2026, where a proposal for his reappointment for another five years, recommended by the trusts and committees, did not receive unanimous support from the board. Chandrasekaran stated that clarity on leadership is crucial for the institution's strategic projects and stakeholders, and has asked the board to expedite the succession process to ensure a smooth transition.