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Tata Sons Board defers decision on N Chandrasekaran’s extension: Sources

Published on 24/02/2026 03:52 PM

Tata Sons Board defers decision on N Chandrasekaran’s extension: SourcesTata Sons board defers decision on extending Chairman N Chandrasekaran’s term beyond 2027, leaving succession plans and his future at the group uncertain.By Parikshit Luthra   |  Gareema Bangad  February 24, 2026, 3:52:41 PM IST (Updated)2 Min ReadUncertainty looms over the future tenure of Tata Group Chairman N Chandrasekaran, with the board deferring a decision on extending his term, sources told CNBC‑TV18. The board met at Bombay House today but did not take up the matter, even as Chandra’s current term ends in February 2027.

Chandrasekaran, who has led the Tata Group since 2017, has overseen major transformations across key businesses, including aviation, steel, and digital ventures.

The delay leaves the conglomerate’s succession planning open‑ended, with no clarity yet on whether the board will offer him another term at the helm.

Earlier, CNBC-TV18 reported that the board of Tata Sons is scheduled to meet on Tuesday, February 24, to consider extending Chairman N Chandrasekaran’s tenure for a third term of five years.

If approved, the extension will secure Chandrasekaran's position as the chairperson of the group until 2032. His current term is set to conclude in February 2027.

Chandra, as he is more popularly called, has been at the helm of the Tata Group’s holding company since 2017, after the board ousted Cyrus Mistry.

The board will deliberate on whether to renew his leadership mandate for another five-year period.

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Chandra served as Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS) from 2009.

A long-time Tata Group executive, he joined the company in 1987 and was appointed to the Tata Sons board on October 25, 2016.

The Tata Sons board currently comprises Chandra, Venu Srinivasan, Anita George, Noel Tata, Harish Manwani and Saurabh Agrawal.

Apart from the leadership decision, the board is also expected to review key business updates related to major Tata Group companies.

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A decision on the tenure extension, if approved, would provide continuity at the top of one of India’s largest and most diversified business groups

This is a developing story, and further details from the meeting will be updated as they come.Continue ReadingFirst Published: Feb 24, 2026 9:06 AM ISTTagsN ChandrasekaranTata GroupTata SonsTata Sons board meeting