Tata Group stocks plunged up to 5.95 per cent, erasing nearly Rs 46,000 crore in market value after N. Chandrasekaran decided against seeking reappointment as Tata Sons chairman in 2027, triggering investor concerns over succession at the conglomerate.
Tata Sons Chairman N Chandrasekaran has resigned and will not seek reappointment after his tenure ends in February 2027, reports said. His exit follows ongoing ownership and restructuring issues at Tata Sons. Shares of several Tata Group companies fell after the announcement
Tata Sons chairman N Chandrasekaran said a new India could emerge in the coming decade to be a global leader in research and development, science and technology, AI, advanced manufacturing and next generation products and services
