New Delhi, Aug. 13 -- N Chandrasekaran will step down as Tata Sons chairman when his current term ends on February 20, 2027, bringing an end to months of uncertainty over his possible reappointment while also highlighting differences with Tata Trusts chairman Noel Tata.

Chandrasekaran, 63, informed the Tata Sons board on Wednesday that he would not seek another term and urged directors to identify his successor soon to ensure a smooth leadership transition.

The decision follows a six-month impasse over his proposed five-year extension. According to PTI, the prolonged deadlock was linked to differences between Chandrasekaran and Noel Tata over the future direction and governance of the Tata Group.

Chandrasekaran said the Sir Dorabji Tat...