New Delhi, Aug. 12 -- Tata Sons Chairman N Chandrasekaran's decision not to seek a second term reflects his integrity and provides the Tata Group with adequate time to ensure a smooth leadership transition, said Association of National Exchanges Members of India (ANMI) President Kamlesh Shroff.

Shroff said Chandrasekaran's nearly four decades of contribution to the Tata Group and its companies demonstrated the amount of hard work he had put into the organisation, adding that his decision to step down after completing his tenure was a normal course of events.

"I think that after doing four decades of work at the company, it's not something he has himself, so it is as per course that he had decided to exit this," Shroff said.

N Chandrase...