Tata Sons Chairman N. Chandrasekaran to step down at end of term in 2027

Published Aug 12, 06:11 AM UTC

N. Chandrasekaran, Chairman of Tata Sons, has announced he will not seek reappointment when his current term ends on February 20, 2027, and has asked the board to decide on a successor. The news, reported by Reuters on August 12, 2026, triggered a selloff in Tata Group stocks, with Tata Consultancy Services (TCS) falling 4.1% and Tata Motors dropping 2.8%. Chandrasekaran, who joined the Tata Sons board in October 2016 and became chairman in January 2017 following the ouster of Cyrus Mistry, will serve out his full term. The Tata Trusts had previously recommended a third term for him, but he has now chosen to step down.