Tata Sons approves five-year extension for N Chandrasekaran to prepare for IPO
The Tata Sons board has approved N Chandrasekaran’s reappointment as executive chairman for another five-year term and initiated steps towards listing the group holding company, according to people familiar with the matter.
By Kala Vijayraghavan, ET Bureau | Updated:
ET Online
The Tata Sons Ltd. board on Thursday approved a fresh five year term for N. Chandrasekaran as executive chairman and set the ball rolling on the listing of the group holding company, said people familiar with the matter.
The many Tata Trusts which together own majority in the holding company may challenge the reappointment of Chandrasekaran as the Chairman.
ALSO READ |Tata Trusts split spills into Tata Sons boardroom as SDTT seeks to block nominee’s listing vote
The many Tata Trusts which together own majority in the holding company may challenge the reappointment of Chandrasekaran as the Chairman.
ALSO READ |Tata Trusts split spills into Tata Sons boardroom as SDTT seeks to block nominee’s listing vote
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Tata Trusts split spills into Tata Sons boardroom as SDTT seeks to block nominee’s listing voteADVERTISEMENT
