N Chandrasekaran, Chairman Tata Sons.
Jagran correspondent, Jamshedpur. Important differences have emerged in the recent board meeting of Tata Group regarding future strategy and leadership. At present, no consensus has been reached on appointing N Chandrasekaran, who is commanding this huge empire spanning from salt to software, as the chairman of Tata Sons for the third time.
Noel Tata's objection and listing issue
According to sources, during the meeting, Tata Trusts Chairman Noel Tata expressed concern over the losses being incurred in some selected companies of the group. He sought a written guarantee from Chairman Chandrasekaran that Tata Sons would never be listed on the stock exchange in future. However, several board members defended Chandrasekaran, arguing that his overall contribution over the years should not be ignored on the basis of the performance of one or two companies. Voting also took place in the meeting, which has currently been postponed on Chandrasekaran's appeal.
Last tenure surrounded by challenges
The current term of Chandrasekaran, who became chairman for the first time in February 2017, ends in February 2027. In the last one year, he has faced challenges on many fronts:
Role and future of trust
Tata Trusts holds 66 percent stake in Tata Sons, which gives it a decisive role in any major strategic decisions. This is the first time such a detailed discussion has taken place within the board on the leadership issue since Noel Tata took over the reins following Ratan Tata's demise in 2024. At present, no official statement has been issued by Tata Group regarding this meeting.
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