N Chandrasekaran To Exit From This Tata Group Company; Know Why

N Chandrasekaran To Exit From This Tata Group Company; Know Why

Last Updated:May 28, 2025, 17:44 IST

After Chandrasekaran’s departure, the Board has appointed S Padmanabhan, a current Director of the company, as the new Chairman of the Board effective May 30, 2025.

Tata Sons Chairman N Chandrasekaran.

Tata Sons Chairman N Chandrasekaran will step down as Chairman and Director of Tata Chemicals effective May 29, 2025, the company said in a regulatory filing on Wednesday.

In a letter dated May 28, Chandrasekaran said, “I am writing to formally inform you of my decision to step down from my position as a director and Chairman of the Board of Directors of Tata Chemicals Limited w.e.f. 29th May, 2025. After careful evaluation of my current and future commitments, I have decided to step down from the Board. It has been a privilege to chair the Tata Chemicals board and I sincerely appreciate the support and collaboration during my tenure.”

The Board of Directors of Tata Chemicals acknowledged his request at its meeting held on Wednesday.

S Padmanabhan To Replace Chandrasekaran

Following Chandrasekaran’s departure, the Board has appointed S Padmanabhan, a current Director of the company, as the new Chairman of the Board effective May 30, 2025.

In addition, based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Modan Saha as an Additional Director (Non-Executive, Non-Independent) with effect from May 28, 2025. Saha is currently spearheading select strategic initiatives at Tata Sons.

News business N Chandrasekaran To Exit From This Tata Group Company; Know Why

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