Bengaluru and Mumbai, Aug. 13 -- Sir Dorabji Tata Trust (SDTT), the largest shareholder of Tata Sons and one of the two principal Tata Trusts, has begun the process of finding a successor to Tata Sons chair N Chandrasekaran.

"The Trustees of the Sir Dorabji Tata Trust have passed a resolution to initiate the setting up of a Selection Committee as soon as possible in accordance with the Articles of Association of Tata Sons, for the purpose of recommending a person for appointment as the new Chairman of the Board of Directors," SDTT said in a statement on Thursday. "We extend our full support to Tata Sons in ensuring a smooth, timely and orderly transition of leadership, consistent with the values and long-term interests of Tata Sons and t...