Tata Sons chairman Chandrasekaran may step down ahead of AGM

Tata Sons chairman N. Chandrasekaran has discussed with close associates the possibility of stepping down before the conglomerate’s annual general meeting (AGM) as uncertainty surrounds his reappointment as a director and disagreements persist within the Tata group, according to multiple reports.

Reports — citing sources — said that Chandrasekaran is weighing the option of resigning rather



than allowing his future as chairman to be decided at what could become a contentious shareholder vote. 

While his current term as chairman runs until February 2027, his continuation in the role is contingent on being reappointed as a director of Tata Sons. Shareholders are scheduled to vote on Chandrasekaran’s reappointment as a director at the August 18 AGM, according to the company’s notice.