Tata veterans huddle up to decide succession
Mumbai: Tata Trusts chairman Noel N Tata, trustee Darius J Khambata, and former HDFC Chairman Deepak Parekh convened an informal meeting at Taj Wellington Mews Residences to deliberate on the succession process at Tata Sons, following chairman N Chandrasekaran's decision not to seek another term, a source familiar with the matter disclosed.
The gathering took place on Wednesday evening, just days after Chandrasekaran announced his intention to step down as Tata Sons chairman, with his current tenure ending on February 20, 2027. The focus now lies on identifying his successor and ensuring a seamless transition at the holding company. Head of Tata Sons since 2017, Chandrasekaran previously served as CEO and managing director of Tata Consultancy Services.
His departure has sparked discussions about the group's future leadership structure, with the Tata Trusts, as significant shareholders of Tata Sons, playing a crucial role.
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