Tata Sons Board Re-appoints Chairman Amid Leadership and Listing Tensions

Tata Sons' board ratified the re-appointment of executive chairman N. Chandrasekaran for a third term starting February 2027, bringing the board into direct confrontation with majority stakeholder Tata Trusts.

The Reserve Bank of India on September 11, 2026, rejected Tata Sons' application to surrender its Certificate of Registration, directing the company to comply with upper-layer NBFC regulations that mandate a stock exchange listing.

For FY2026, Tata Sons reported a standalone profit of ₹31,961 crore, up 22% from the previous year, while consolidated revenue reached ₹16.24 lakh crore.