1. Tata Trusts reject Chandrasekaran’s five-year extension as legally invalid

Tata Trusts reject Chandrasekaran’s five-year extension as legally invalid

India

  • Tata Trusts says N Chandrasekaran’s five-year reappointment as Tata Sons chairman is legally invalid.
  • Noel Tata voted against it, saying Tata Sons rules require Trust nominee directors to support the move.
  • Four directors backed Chandrasekaran, who had earlier said he would leave when his term ends in February 2027.
  • The dispute deepens tensions over Tata Sons’ leadership and its possible stock market listing.

Source: firstpost.com

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