Tata Sons Chairman Chandrasekaran to step down in Feb 2027, citing board impasse

N Chandrasekaran will not seek a third term as chairman of Tata Sons, with his tenure set to end on February 20, 2027. In an August 12 letter to the board, he cited a lack of resolution in the six months following a February 24 board meeting where his reappointment was contested by at least one director, reportedly Tata Trusts Chairman Noel Tata, over the performance of units like Air India and Tata Digital. The move highlights persistent governance tensions between the holding company and its majority shareholder, Tata Trusts.