Mumbai, Aug. 12 -- Chandrasekaran, however, will continue as chairman until the end of his current term.

Tata Consultancy Services (TCS) fell 5.02%, while Tata Motors Passenger Vehicles declined 3.55%. Titan Company dropped 2.18%, Tata Steel slipped 1.95%, Tata Consumer Products declined 1.71% and Indian Hotels fell 1.40%. Tata Power declined 1.30% and Trent fell 0.46%. Voltas rose 0.48%, while Tata Motors Commercial Vehicles gained 0.84%.

In a statement dated 12 August 2026, Chandrasekaran said Sir Dorabji Tata Trust and Sir Ratan Tata Trust had unanimously resolved and recommended extending his tenure by another five years. The proposal was subsequently recorded and recommended by the Tata Sons Nomination and Remuneration Committee and ...