13-August-2026
Corporate News
 
'Chandra Has Taken Right Professional Decision At the Right Time'
13-Aug-2026

For N Chandrasekaran, who sent out a letter announcing his exit as the Tata Sons chairman to the board of directors at 11 am on Wednesday, the last six months may not have been easy. The short letter, summarising all the important points in four paragraphs, captured it. 'It has been six months since that board meeting, and no resolution has been reached till date,' he wrote to the board members of Tata Sons and followed up with a media statement. Chandrasekaran (Chandra as he's popularly called) was recalling the February 24, 2026, Tata Sons board meeting where Tata Trusts chairman Noel Tata had expressed reservation over granting him a third term citing losses in some Tata group companies.

News Source:- https://www.rediff.com/business/report/chandra-has-taken-right-professional-decision-at-the-right-time/20260813.htm