Tata Sons has reappointed Natarajan Chandrasekaran as its executive chairman for a five-year term starting February 21, 2027, through February 20, 2032, according to a recent filing with the Ministry of Corporate Affairs. The resolution grants Chandrasekaran substantial management powers but notably omits any reference to Article 118 of the company’s Articles of Association, which previously governed the chairman’s selection process.
The company’s latest resolution contrasts with earlier appointments in January 2017 and February 2022, which explicitly cited Articles 118 and 105 of the Articles of Association. Article 118 requires a selection committee to recommend a candidate for chairman, while Article 105 deals with the chairman’s pay and executive powers. The current filing refers broadly to the Articles of Association without naming these specific provisions, marking a departure from past practice, according to legal experts cited by livemint.com.
This change has sparked debate over Tata Sons’ governance framework, as Article 118 has been central to the chairman’s appointment process, requiring majority support from Tata Trusts’ nominees under Article 121. The omission could signal a shift in how the company exercises control over leadership appointments. The move comes amid ongoing scrutiny of Tata Sons’ internal governance, with lawyers emphasizing the need for clarity on the company’s adherence to its own rules.
The reappointment was officially recorded in a filing last week with the Ministry of Corporate Affairs. The resolution confirms Chandrasekaran’s role as executive chairman with substantial management authority for the 2027–2032 term, marking a significant moment in Tata Sons’ leadership structure.