Tata Sons' U-turn on chairman? N Chandrasekaran reappointed for fresh 5-year term, says report

Tata Sons' board has reportedly approved a new five-year term for N Chandrasekaran as executive chairman, reversing his prior decision to not seek reappointment

Updated on: Sep 17, 2026, 15:08:43 IST

By HT News Desk

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The board of India's Tata Sons has reportedly approved a fresh five-year term for N Chandrasekaran as executive chairman, reversing his decision last month not to seek reappointment.

File photo: Tata Sons Chairman N Chandrasekaran leaves Bombay House, in Mumbai (PTI)

The reasons for the change were not immediately clear, Reuters reported, citing a source familiar with the matter on Thursday. HT could not independently verify the report.

An official statement from the company is awaited.

Tata Sons met on Thursday, for the first time after Chandrasekaran decided not to seek a new term, with what an earlier Mint report described as a clear split on the table— Noel Tata, representing majority shareholder Tata Trusts, against chairman Chandrasekaran and the board—over averting a public listing and reassessing the holding company chair’s tenure.

Chandrasekaran's current term is ending on February 20 next year.

Among the other several firsts for the meeting, it took place less than a week after the Reserve Bank of India ordered the holding company of India’s largest group to list on the stock market.

Before the meeting, a spokesperson had unequivocally stated: “Please note that there is no change in the stand taken by SDTT (Sir Dorabji Tata Trust) in its board meeting held on 13th August 2026, respecting the decision of Mr Chandrasekaran to not offer himself for reappointment and seeking initiation of steps for appointment of a new chairman, as communicated by the SDTT to the company secretary, Tata Sons on the same day,” Mint reported.

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