Tata Group Stocks Lose ₹46,600 Crore Amid Boardroom Revolt

Listed Tata Group companies lost ₹46,600 crore in market capitalisation following a governance crisis triggered by a boardroom dispute at Tata Sons.

Tata Trusts opposed the board's decision to extend Chairman Natarajan Chandrasekaran's tenure and disputed a potential public listing of Tata Sons.

TCS experienced the largest market value erosion, dropping by approximately ₹29,550 crore as its share price declined 3.88%.