Inside ‘tense’ Tata Sons meet: Chandrasekaran to ‘reconsider’ exit, gets board backing

On September 3, 2026, the Nomination Remuneration Committee (NRC) of the Tata Sons Board met to discuss the aforesaid letter, and the issue of re-appointment of Chandrasekaran as the executive chairman. “After due deliberation and in recognition of his contributions and the larger interests of the Tata Group, the NRC unanimously resolved to request him to reconsider his decision and to recommend him for re-appointment at the next Board meeting,” it said.

According to the FY26 Annual Report, Harish Manwani is the Chairman NRC. Other members include Anita M George, Venu Srinivasan, and N Chandrasekaran.

The NRC makes recommendations, as and when required, for any change in the board’s constitution. The committee also formulates criteria for qualifications, positive attributes and independence of directors. It also ensures that new directors are familiarised with the company’s business.

“The Board received from Tata Trusts their unanimous resolution dated July 28, 2025 expressing their appreciation of Chandrasekaran for his stewardship of the Group from 2017 onwards,” the statement said. In recognition of these efforts, the Tata Trusts resolved that he be re-appointed as Executive Chairman for a further term of five years upon the expiry of his current term, it said.

In September 2025 the Tata Sons board had agreed in principle to re-appoint Chandrasekaran as the executive chairman for a further term of five years. Pursuant to applicable provisions of law, the board decided to obtain relevant formal approval in February 2026.

In February 2026, in the absence of unanimity, the resolution was deferred for decision. In subsequent board meetings in May 2026 and June 2026, this matter was discussed but not resolved, Tata Sons said in the statement.