Overview
- Multiple outlets report that Tata Trusts passed a unanimous September 11 resolution recommending a third executive term for the Tata Sons chairman.
- The proposal, moved by trustees Noel Tata and Venu Srinivasan, has been sent to Tata Sons for formalisation with a decision expected next February, according to reports.
- The step would waive the group’s rule requiring executives to retire at 65, which otherwise allows only non‑executive roles until 70.
- Reports frame the recommendation as a stabilising measure as trustees weigh ownership questions and a possible Tata Sons listing, with no official comment from Tata Trusts yet.
- Under Chandrasekaran, the group’s FY25 revenue reached ₹15.34 lakh crore and profit ₹1.13 lakh crore, with coverage noting near‑doubling of revenue and more than tripling of net profit over five years.