Economy
Tata Sons Board and Tata Trusts in Conflict Over Chandrasekaran's Term
The Hindu1h
THE BRIEF
1
The Tata Sons board requested Executive Chairman N. Chandrasekaran to serve a third five-year term starting February 2027 following nomination recommendations.
2
Tata Trusts, holding a 66% stake in Tata Sons, termed the reappointment decision illegal after nominee Noel Tata vetoed the move.
3
The ongoing dispute triggered a back-and-forth between the corporate board and its majority-owner charitable trusts.