MUMBAI (Diya TV) — Tata Sons Chairman N. Chandrasekaran will step down when his current term ends in February 2027 and will not seek another term, according to a report by NDTV Profit citing sources.
The decision comes just days before the Tata Sons Annual General Meeting, scheduled for Aug. 18. Chandrasekaran has led Tata Sons and the wider Tata Group since January 2017. His planned exit marks a major leadership change for one of India’s largest business groups.
In a statement, Chandrasekaran reflected on his long career with the Tata Group. He said he had completed 40 years of professional life within the group. He also described the opportunity to lead Tata Sons as a great honor and responsibility.
Chandrasekaran began his career with Tata Consultancy Services, commonly known as TCS. He joined the company as an intern in 1987. Over the years, he held several leadership roles before becoming TCS chief executive officer in 2009.
He later moved to the top position at Tata Sons in January 2017. Under his leadership, the group continued to expand across technology, consumer products, automobiles, power and other major industries.
The leadership change comes as Tata Sons continues to address several important business and ownership issues. The holding company also faces decisions linked to its corporate structure and relationships with major shareholders.
In July 2025, Tata Sons set two conditions for extending Chandrasekaran’s tenure, according to the NDTV Profit report. One condition involved keeping Tata Sons unlisted. The other involved resolving the stake held by the Shapoorji Pallonji Group.
Tata Sons serves as the principal investment holding company of the Tata Group. Tata Trusts hold about 66% of the company. As a result, decisions involving Tata Sons can have a wider impact across the conglomerate.
Chandrasekaran’s planned departure has already drawn attention from investors. Shares of several Tata Group companies faced selling pressure during Wednesday morning trading.
Tata Consumer Products fell more than 1% to about 1,066 rupees per share on the National Stock Exchange. Meanwhile, TCS shares dropped as much as 5%.
Titan Company also traded lower. Its shares fell 1.03% to 5,075.10 rupees. Tata Power declined 0.9% to 376.60 rupees.
The market reaction highlights the importance of Tata Sons within the group’s broader business structure. Investors often watch leadership changes closely because they can influence future strategy, capital allocation, and corporate decisions.
However, Chandrasekaran’s departure will not take effect immediately. He will continue to serve as chairman until his current term expires in February 2027, unless the company announces a different arrangement.
The Tata Group now faces the task of planning its next leadership phase. The search for Chandrasekaran’s successor could attract significant attention from investors, employees and the wider business community.
Chandrasekaran leaves after a four-decade career with the Tata Group. His tenure at Tata Sons has covered a period of major change for the conglomerate. It has also included efforts to strengthen the group’s businesses and manage its complex ownership structure.
For now, the focus will remain on the Tata Sons annual meeting and the company’s next steps. The Aug. 18 meeting could provide more clarity on the leadership transition and the future direction of Tata Sons.