'In absence of unanimous support...': N Chandrasekaran steps down as Tata Sons Chairman. Full resignation statement
N Chandrasekaran stepped down as Chairman of Tata Sons after failing to secure unanimous board support for a five-year extension. Despite recommendations from the Sir Dorabji Tata Trust and Sir Ratan Tata Trust, one board member's veto halted the proposal. His current term ends on February 20, 2027, leaving Tata Sons without a confirmed leader during critical project phases.