N Chandrasekaran has stepped down as Tata Sons chairman. His resignation comes ahead of the company’s annual general meeting, scheduled for August 18. Chandrasekaran’s current term runs until February 2027, but his continuation as chairman is to be determined by reappointment. According to sources, he is not likely not seek reappointment. If his chairmanship ends abruptly, it would trigger an unplanned leadership transition at the Tata Group. The resignation comes amid tensions with shareholders, and differences between Chandrasekaran and Tata Trusts chairman Noel Tata.
