Titan says Noel Tata to retire as vice-chairman in November 2026

Noel N. Tata will retire as Titan vice-chairman in November 2026. He is stepping down in accordance with the Tata Group's retirement policy. Chairman S. Vijayakumar acknowledged Tata's outstanding contributions and visionary leadership. Tata ha...

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Noel Tata, chairman of Tata Trusts and trustee of the Navajbai Ratan Tata Trust (File photo)
Titan Company Ltd on Monday announced that Noel N. Tata will retire as the company's vice-chairman in November 2026 in accordance with the Tata Group's retirement policy.

The announcement came as the company held its 42nd Annual General Meeting (AGM), where Chairman S. Vijayakumar acknowledged Tata's "outstanding contributions" and noted that he was attending his last AGM as vice-chairman.

Also read: Turning 70 in November, Noel gears up to retire from Tata company boards


The chairman said Tata's more than 23 years of association with Titan had been marked by "visionary leadership, strategic guidance and unwavering commitment to Tata values", which had been instrumental in the company's "remarkable growth and transformation".

On behalf of the board, management and shareholders, Vijayakumar expressed "deep appreciation and gratitude" for Tata's "invaluable contributions in shaping the Company into a leading player across multiple industry categories."

Addressing shareholders, Noel Tata said Titan had evolved into a "multi-category, multi-brand company" over the past two decades. He expressed confidence in the company's future and conveyed his best wishes for the next phase of its growth journey.

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Retirement from Tata group boards

The development follows preparations within the Tata Group for Noel Tata's retirement from the boards of group companies upon turning 70 this November, in line with the conglomerate's long-standing governance policy under which executives retire from operational roles at 65 and step down from non-executive board positions at 70.

ET's Kala Vijayraghavan and Sagar Malviya were the first to report the planned transition in May.

At present, Tata serves as chairperson of Tata Investment Corp, Tata International, Trent and Voltas, besides being vice-chairman and non-executive director of Titan and a non-executive director at Tata Steel.

Also read: Noel Tata announces exit as Voltas chairman at company's AGM

Journey at the Tata Group

Noel Tata has held several leadership positions across the Tata Group over the past decade. He took over as chairman of Trent in April 2014, overseeing a period of rapid expansion driven by the growth of Zudio and Westside, while he became chairman of Voltas in August 2017 following Ishaat Hussain's retirement.
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In October 2024, he was appointed chairman of Tata Trusts, succeeding Ratan Tata as head of the philanthropic entities that hold a majority stake in Tata Sons. He had earlier stepped down from executive roles at group companies on turning 65, in keeping with the group's succession policy, though there is no retirement age for a Tata Trusts trustee or its chairman.

Titan also informed shareholders that Tata, a non-executive director, would retire by rotation under Section 152(6) of the Companies Act, 2013 and, being eligible, had sought reappointment at the AGM.
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