Reports indicate that Tata Sons Chairman N. Chandrasekaran may step down from his position ahead of the company's Annual General Meeting scheduled for August 18.
The potential resignation follows ongoing disputes within the Tata Trusts board regarding the inclusion of Sir Ratan Tata Trust (SRTT) members in governance decisions.
The board is set to meet on August 13 to discuss the renewal of Chandrasekaran's tenure, with stakeholders concerned about the impact on ₹400 crore in pending grants.