Bengaluru/Mumbai, Sept. 17 -- In a rare boardroom coup, the Tata Sons board decided to grant a five-year extension to chairman N. Chandrasekaran in the face of Tata Trusts chair Noel Tata's objection, prompting the majority shareholder to call the decision "illegal" and stating it will continue the process to find a new chairman.

On Thursday, in a nearly four-hour-long board meeting, the six-member board of Tata Sons reappointed Chandrasekaran for five years starting 21 February, despite Noel rejecting the resolution.

"At the meeting of the board on September 17, 2026, Chandra acceded to the board's request to reconsider his decision. The board thereafter resolved by a majority vote to re-appoint him as executive chairman for a further ...