Particle.news

Download on the App Store

Tata Trusts Reportedly Backs Third Executive Term for N. Chandrasekaran, Breaking Retirement Rule

Reports cite a rare age-rule waiver to ensure leadership continuity on long-horizon projects, with formal confirmation still pending.

Overview

  • Multiple outlets, citing people familiar with the matter, report Tata Trusts approved a third executive term for the Tata Sons chairman at a September 11 trustees’ meeting.
  • The proposal, moved by Noel Tata and Venu Srinivasan, was described as a continuity measure for semiconductors, EV batteries and the Air India turnaround, and was reportedly passed unanimously.
  • The step would waive the group’s norm that executives exit active roles at 65, enabling Chandrasekaran to continue beyond his current term ending in February 2027.
  • The resolution has been sent to Tata Sons for consideration, Tata Trusts has not commented publicly, and several publications say they could not independently verify the development.
  • Coverage highlights strong recent performance under his leadership—FY25 revenue of ₹15.34 lakh crore and profit of ₹1.13 lakh crore—alongside ongoing internal debate over whether Tata Sons should be listed.