N. Chandrasekaran decided not to offer himself for reappointment when his term ends on Feb 20, 2027.
FinTech BizNews Service
Mumbai, 12 August, 2026: Mr N Chandrasekaran, Chairman Tata Sons, has resigned today. N. Chandrasekaran today revealed his decision not to offer himself for reappointment when his term ends on Feb 20, 2027.
Tata Consultancy Services clarified today to the National Stock Exchange of India about this development and provided the press statement, issued by Chairman, Tata Sons Private Limited, which is as follows:
12 August 2026
Statement from Mr N Chandrasekaran, Chairman Tata Sons
I have completed 40 years of professional life at the Tata Group. I am grateful for the immensely satisfying opportunity to contribute to this venerable institution. Leading Tata Sons over the past decade has been a great honour and a profound responsibility. My current tenure as the Chairman of Tata Sons comes to an end on Feb 20, 2027. Sir Dorabji Tata Trust and Sir Ratan Tata Trust had unanimously resolved and recommended the extension of my next term for a period of five years, which was recorded and recommended by the Tata Sons Nomination and Remuneration Committee and the Board. Subsequently, the resolution was tabled in the Tata Sons Board on Feb 24, 2026. However, the proposal was not carried through because one of the Board Members did not support it, and in the absence of unanimous support, I chose to defer the decision. It has been 6 months since that Board meeting, and no resolution has been reached till date. Tata Sons is a very large institution and there are many strategic projects that are under critical stages of execution. It is not only necessary to have a leader in place to lead the Group beyond Feb 2027, but also clarity on leadership is important for employees, investors, partners and other stakeholders. Under these circumstances, earlier today, I have communicated to the Tata Sons Board, that I have decided not to offer myself for reappointment when my term ends on Feb 20, 2027. I have asked the Board to decide on the succession soon to ensure a proper transition. I am grateful for the support of all stakeholders.
With warm regards,
Chandra
Natarajan Chandrasekaran (Chandra) is the Chairman of Tata Sons Private Limited (Tata Sons), the holding company and promoter of all Tata group companies. Chandra joined the Board of Tata Sons in October 2016 and was appointed as Chairman in January 2017. He also chairs the Boards of several group operating companies, including Tata Steel Limited, Tata Motors Limited, Tata Motors Passenger Vehicles Limited, The Tata Power Company Limited, Air India Limited, Tata Consumer Products Limited, The Indian Hotels Company Limited. Before becoming the Chairman, he was Chief Executive of Tata Consultancy Services Limited (TCS) in which he served 30 years, including eight years, until 2017, as the Chief Executive Officer and Managing Director (CEO & MD). Under Chandra’s leadership, TCS became the country’s most valuable company.
At the Tata group, Chandra has pursued the “One Tata” strategy, based on the themes of simplification, scale, and synergy. Now he is driving transformation of the Tata group towards a sustainable future. He has steered the group into new businesses including semiconductors, electronics manufacturing, consumer internet platform, mobile technology and battery giga-factories. The Tata group has expanded its aviation presence with the acquisition of Air India and is building a large global airline.
Chandra is on the International Advisory Council of Singapore’s Economic Development Board, Mitsubishi's International Advisory Committee and on the Board of Governors of New York Academy of Sciences. He is the Co-Chair of the India US CEO Forum.
The numerous recognitions conferred on him include, the Padma Bhushan, one of India’s highest civilian awards in 2022 and France’ highest civilian award Légion d’Honneur, in 2023. In 2025, he was conferred as an Honorary Knight of the Most Excellent Order of the British Empire.
Chandra has been awarded several honorary doctorates by leading Universities in India and internationally, including an honorary Doctor of Letters from Macquarie University, Australia, Doctor Honoris Causa by Nyenrode University, The Netherlands, and Doctor of Letters from the Regional Engineering College, Trichy, Tamil Nadu. Chandra is also the author of Bridgital Nation, a groundbreaking book on harnessing technological disruptions to bring Indians closer to their dreams. He is an avid photographer and a passionate long-distance marathon runner. He is a Six Star Finisher of the World Marathon Majors and continues to champion fitness. Born in 1963, Chandra is a Bachelor in Applied Sciences and has Masters in Computer Applications.
