Tata Trusts' opposition to N Chandrasekaran's reappointment as Executive Chairman of Tata Sons could trigger months of uncertainty over both his tenure and the group holding company's proposed listing, Shriram Subramanian, Founder and Managing Director of InGovern Research Services, has warned.
The Tata Sons board on Thursday approved Chandrasekaran's reappointment for a further five-year term after he agreed to reconsider his earlier decision to step down when his current tenure ends on February 20, 2027. The board's decision was not unanimous.
