Mumbai, Sept. 17 -- A Tata Sons board meeting on Thursday officially approved the process to list the holding company on the stock exchange through an initial pubic offering (IPO) and reappointed N Chandrasekaran as its executive chairman for another five years.
Chandrasekaran has served as Tata Sons Executive Chairman since 2017 and was previously reappointed for a second five-year term, until he decided to step down after his present term ends on February 20, 2027, after he failed to get the support of Tata Trusts Chairman Noel Tata.
Chandrasekaran has always been in favour of listing Tata Sons on the stock exchange, which was opposed by Tata Trusts Chairman Noel Tata.
However, after Thursday's decision by the Tata Sons board, it is cl...