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Tata Sons Board Reappoints N. Chandrasekaran 4-1

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Story summary
  • Tata Sons board voted 4-1 to reappoint N Chandrasekaran as chairman for five years starting February 2027.
  • Tata Trusts, holding about 66 % of Tata Sons, say the vote is invalid without unanimous trust-director consent.
  • NCP chief Sharad Pawar backed the trusts, urging dialogue, due process, and adherence to the Articles.
  • Pawar warned that weakening the trusts could jeopardize funding for Tata Memorial Hospital, TIFR, TISS and NCPA.