N Chandrasekaran May Step Down As Tata Sons Chairman Ahead Of AGM: Report

N Chandrasekaran has resigned as chairman of Tata Sons, deciding not to seek reappointment after his tenure ends on February 20, 2027. This move comes amid a succession dispute with Noel Tata and ahead of the August 18 AGM. Following the announcement, Tata Group stocks fell over 4%, with TCS, Tata Motors, and Tejas Networks seeing significant declines. Chandrasekaran, who joined TCS in 1987, will complete his current term despite the leadership uncertainty at the conglomerate.