Tata Group Chairman N Chandrasekaran to step down in February

Tata Sons chairman Natarajan Chandrasekaran announced that he will not seek reappointment when his current term concludes, citing insufficient backing from the conglomerate’s board of directors. The decision was disclosed in a brief statement to the media, confirming that his tenure will end as scheduled without a bid for extension.

Chandrasekaran’s departure follows internal discussions in which board members expressed reservations about his leadership direction, prompting the chairman to step aside rather than pursue a contested renewal. The move is expected to trigger a formal search for a successor, with the board tasked with identifying a candidate who can align with the group’s strategic priorities and maintain continuity across its diverse businesses.