Overview

• N Chandrasekaran stepped down as Chairman and Director on May 29 after evaluating his current and future commitments.
• S Padmanabhan, a long-standing board member, will take on the chairmanship effective May 30 following a board resolution.
• Modan Saha joined as an Additional Director from May 28 to lead strategic initiatives under the Nomination and Remuneration Committee’s recommendation.
• The board framed the leadership changes as part of a wider Tata Group realignment aimed at sharpening its strategic priorities.
• Chandrasekaran had overseen Tata Chemicals through a pivotal period of corporate restructuring within the group.