Tata Trusts chairman Noel Tata has raised serious objections to the process used by the Tata Sons board to reappoint N. Chandrasekaran as chairman for another five-year term, alleging that the company applied different provisions of its Articles of Association in 2022 and 2026. Noel also claimed that the board announced Chandrasekaran’s reappointment despite an understanding among directors that the decision would not be disclosed until a legal opinion had been obtained and shareholders had approved Chandrasekaran’s directorship at a properly convened general meeting.&nbsp;The controversy followed a nearly four-hour Tata Sons board meeting on Thursday, after which the company issued a one-page statement saying its board had “resolved by a majority” to reappoint Chandrasekaran for another five years. Tata Trusts nominees Noel Tata and Venu Srinivasan voted against the reappointment. Harish Manwani, who chaired the proceedings, then exercised a casting vote in favour of Chandrasekaran’s reappointment.&nbsp;The vote marked a setback for Noel, who subsequently sent two letters raising objections to the manner in which the decision was taken and announced. “Conduct of this kind is an affront to the board and to the basis on which its members, including myself, participated in today’s proceedings. To communicate to the public and to the market that a decision has been finally taken, when the directors of the company were assured that the matter remained conditional and unresolved, is irresponsible and carries the plain potential to mislead the shareholders, the employees, the lenders and the wider market,” Noel wrote to Suprakash Mukhopadhyay, Tata Sons group company secretary.<h2>Dispute over Articles 118 and 121</h2>At the centre of the dispute are two provisions in the Tata Sons Articles of Association. Article 118 specifically deals with the appointment of the chairman, while Article 121 relates to wider strategic matters. Noel argued that Article 118 was the appropriate provision for Chandrasekaran’s reappointment and said the same provision had been used when Chandrasekaran was reappointed in 2022. In his letter, Noel said he had raised this point during the board meeting. However, company secretary Suprakash Mukhopadhyay maintained that the 2026 process was being conducted under Article 121.&nbsp;Noel subsequently attached the minutes of the 11 February 2022 board meeting to support his interpretation. “As those minutes record, that reappointment of chairman was effected under Article 118 of the Articles of Association,” Noel wrote, sharing the minutes. “That is precisely the position I stated, repeatedly, at the meeting held on 17 September 2026, and which was disputed by you”. Noel argued that the 2022 board minutes were directly relevant to the 2026 decision and should have been placed before the directors before the vote.&nbsp;“It is thus clear that for reappointment of chairman, the operative provision is Article 118. This material was plainly relevant to the vote taken on 17 September 2026 and was not placed before the board, which proceeded without it and at considerable speed,” he wrote. Noel also described the reappointment process as legally invalid. “At the outset, I record that I maintain that the vote taken on the captioned matter, and the entire process followed by the company in relation to it, was contrary to the Articles of Association of the company, and that any resolution claimed to have been passed is null and void ab initio (a term in Latin, which means void from the beginning) and of no legal relevance, efficacy or effect whatsoever,” said Noel.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/trump-signs-russia-sanction-bill-how-will-it-impact-india-wion-explains-1789921695956">Trump signs Russia sanction bill. How will it impact India? WION Explains</a><h2>Legal opinion becomes another point of contention</h2>Noel’s second letter focused on the board’s understanding that a legal opinion would be obtained on key questions surrounding the reappointment. According to Noel, the board had agreed to seek legal advice on three issues: whether Article 118 applied to the chairman’s reappointment, whether the reappointment could be approved despite his opposition, and whether Harish Manwani could exercise a casting vote in the event of a tie.&nbsp;The six-member Tata Sons board comprises Chandrasekaran, Noel Tata, Venu Srinivasan, group chief financial officer Saurabh Agrawal, and independent directors Harish Manwani and Anita Marangoly George. Noel presented an opinion from former Chief Justice of India D.Y. Chandrachud to the board. According to Noel, the opinion stated that only a majority of Tata Trusts nominee directors could select the chairman of Tata Sons. The board, however, relied on an opinion from lawyer Sudipto Sarkar.<h2>Disclosure and shareholder approval</h2>Noel also raised concerns over what he said was an agreement among directors regarding disclosure of the decision. He said the board had agreed that Chandrasekaran’s reappointment as a director would first need approval at a properly convened annual general meeting. “It was further expressly agreed at the meeting that nothing would be disclosed to the public in relation to this matter unless and until both of the above conditions had been satisfied,” Noel wrote. Noel also asked Tata Sons to preserve all records of the board meeting, including discussions and deliberations, and ensure that no material was deleted or altered before being circulated to directors.<h2>Tata Trusts rejects casting-vote argument</h2>Tata Trusts subsequently issued its own statement, disputing the characterisation of the proceedings as a tie that could be resolved through a casting vote. “A casting vote cannot revive a stillborn resolution,” said Tata Trusts. “The affirmative support of Tata Trusts nominee directors as mandated by the AoA was not given. The condition failed, and so did the resolution”.The dispute therefore centres on the interpretation and application of Tata Sons' Articles of Association, the role of Tata Trusts nominees in selecting the chairman, the validity of a casting vote, and the conditions attached to the board's decision and its public disclosure.

Noel Tata challenges N. Chandrasekaran’s third-term reappointment as Tata Sons chairman, citing Articles 118 and 121, legal opinions and a casting vote

Tata Trusts chairman Noel Tata has raised serious objections to the process used by the Tata Sons board to reappoint N. Chandrasekaran as chairman for another five-year term, alleging that the company applied different provisions of its Articles of Association in 2022 and 2026. Noel also claimed that the board announced Chandrasekaran’s reappointment despite an understanding among directors that the decision would not be disclosed until a legal opinion had been obtained and shareholders had approved Chandrasekaran’s directorship at a properly convened general meeting. The controversy followed a nearly four-hour Tata Sons board meeting on Thursday, after which the company issued a one-page statement saying its board had “resolved by a majority” to reappoint Chandrasekaran for another five years. Tata Trusts nominees Noel Tata and Venu Srinivasan voted against the reappointment. Harish Manwani, who chaired the proceedings, then exercised a casting vote in favour of Chandrasekaran’s reappointment. The vote marked a setback for Noel, who subsequently sent two letters raising objections to the manner in which the decision was taken and announced. “Conduct of this kind is an affront to the board and to the basis on which its members, including myself, participated in today’s proceedings. To communicate to the public and to the market that a decision has been finally taken, when the directors of the company were assured that the matter remained conditional and unresolved, is irresponsible and carries the plain potential to mislead the shareholders, the employees, the lenders and the wider market,” Noel wrote to Suprakash Mukhopadhyay, Tata Sons group company secretary. Dispute over Articles 118 and 121 At the centre of the dispute are two provisions in the Tata Sons Articles of Association. Article 118 specifically deals with the appointment of the chairman, while Article 121 relates to wider strategic matters. Noel argued that Article 118 was the appropriate provision for Chandrasekaran’s reappointment and said the same provision had been used when Chandrasekaran was reappointed in 2022. In his letter, Noel said he had raised this point during the board meeting. However, company secretary Suprakash Mukhopadhyay maintained that the 2026 process was being conducted under Article 121. Noel subsequently attached the minutes of the 11 February 2022 board meeting to support his interpretation. “As those minutes record, that reappointment of chairman was effected under Article 118 of the Articles of Association,” Noel wrote, sharing the minutes. “That is precisely the position I stated, repeatedly, at the meeting held on 17 September 2026, and which was disputed by you”. Noel argued that the 2022 board minutes were directly relevant to the 2026 decision and should have been placed before the directors before the vote. “It is thus clear that for reappointment of chairman, the operative provision is Article 118. This material was plainly relevant to the vote taken on 17 September 2026 and was not placed before the board, which proceeded without it and at considerable speed,” he wrote. Noel also described the reappointment process as legally invalid. “At the outset, I record that I maintain that the vote taken on the captioned matter, and the entire process followed by the company in relation to it, was contrary to the Articles of Association of the company, and that any resolution claimed to have been passed is null and void ab initio (a term in Latin, which means void from the beginning) and of no legal relevance, efficacy or effect whatsoever,” said Noel. Also Read: Trump signs Russia sanction bill. How will it impact India? WION Explains Legal opinion becomes another point of contention Noel’s second letter focused on the board’s understanding that a legal opinion would be obtained on key questions surrounding the reappointment. According to Noel, the board had agreed to seek legal advice on three issues: whether Article 118 applied to the chairman’s reappointment, whether the reappointment could be approved despite his opposition, and whether Harish Manwani could exercise a casting vote in the event of a tie. The six-member Tata Sons board comprises Chandrasekaran, Noel Tata, Venu Srinivasan, group chief financial officer Saurabh Agrawal, and independent directors Harish Manwani and Anita Marangoly George. Noel presented an opinion from former Chief Justice of India D.Y. Chandrachud to the board. According to Noel, the opinion stated that only a majority of Tata Trusts nominee directors could select the chairman of Tata Sons. The board, however, relied on an opinion from lawyer Sudipto Sarkar. Disclosure and shareholder approval Noel also raised concerns over what he said was an agreement among directors regarding disclosure of the decision. He said the board had agreed that Chandrasekaran’s reappointment as a director would first need approval at a properly convened annual general meeting. “It was further expressly agreed at the meeting that nothing would be disclosed to the public in relation to this matter unless and until both of the above conditions had been satisfied,” Noel wrote. Noel also asked Tata Sons to preserve all records of the board meeting, including discussions and deliberations, and ensure that no material was deleted or altered before being circulated to directors. Tata Trusts rejects casting-vote argument Tata Trusts subsequently issued its own statement, disputing the characterisation of the proceedings as a tie that could be resolved through a casting vote. “A casting vote cannot revive a stillborn resolution,” said Tata Trusts. “The affirmative support of Tata Trusts nominee directors as mandated by the AoA was not given. The condition failed, and so did the resolution”. The dispute therefore centres on the interpretation and application of Tata Sons' Articles of Association, the role of Tata Trusts nominees in selecting the chairman, the validity of a casting vote, and the conditions attached to the board's decision and its public disclosure.

Noel Tata challenges Chandrasekaran’s reappointment, citing Tata Sons’ Articles of Association, legal opinions, casting vote and disclosure issues

Noel Tata challenges Chandrasekaran’s reappointment as Tata Sons chairman. What happened at the board meeting

The Tata Sons board’s decision to reappoint N Chandrasekaran as chairman for another five-year term on Thursday has led to an imminent clash after Tata Trusts called the reappointment “illegal”, seemingly indicating a potential legal and governance dispute at the top of the Tata Group. The Trusts said the resolution approving Chandrasekaran’s reappointment was a “legal nullity” because Noel N Tata, chairman of Tata Trusts and one of the Trusts’ nominee directors on the Tata Sons board, voted against it.&nbsp;&nbsp;Tata Trusts also pushed back against Tata Sons’ move towards a public listing, with chairman Noel Tata saying it would be a mistake for the firm.&nbsp;Tata Trusts issued a statement saying the resolution to reappoint Chandrasekaran “is illegal” and that its chairman Noel Tata reiterated the same position during the Tata Sons board meeting.&nbsp;Also Read: <a href="https://www.wionews.com/world/china-urges-iran-to-rein-in-houthis-after-saudi-arabia-s-appeal-for-help-report-1789657903169">China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report</a><h2>Noel votes against Chandrasekaran’s reappointment</h2>&nbsp;Noel voted against Chandrasekaran’s reappointment, but the resolution was approved by a majority of the Tata Sons board.Tata Trusts said the resolution was a “legal nullity” in view of the provisions of the Articles of Association of Tata Sons.&nbsp;The statement mentions that the process for appointing a chairman requires a majority of the Trusts’ nominee directors to vote in favour of the resolution. It said the same process applies to both the first appointment of a chairman and the reappointment of an existing chairman.&nbsp;It added that the board cannot lawfully hold a meeting or pass a resolution on the chairman’s appointment or reappointment unless both Trust nominee directors are present. Such a resolution cannot be validly passed unless both nominee directors vote in favour, it added.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/us-drone-firm-linked-to-trump-s-sons-signs-mou-with-pakistan-army-gets-initial-order-1789648161978">US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order</a>&nbsp;Since Noel Tata, one of the Trust nominee directors, voted against the proposal, Tata Trusts said the resolution was rendered legally void and “without any basis”.&nbsp;“A resolution now for re-appointment moved at this meeting would therefore ask this Board to set aside three things at once: the Chairman’s own stated decision, the acceptance of that decision by the majority shareholder, and the further process which that shareholder has asked this Company to set in motion,” Noel Tata said in another statement.&nbsp;<h2>‘Board did not consider legal opinion from former CJI’&nbsp;</h2>&nbsp;The statement also said that Noel Tata had submitted a legal opinion from former Chief Justice of India Justice Dr DY Chandrachud supporting the correctness of the Trusts’ position. However, the statement said the Board did not take note of the opinion.&nbsp;The board also agreed to move ahead with the listing of Tata Sons, the holding company of the Tata Group, but both decisions will have to be approved at the company’s AGM.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/us-treasury-rallies-global-financial-institutions-for-op-economic-outcast-to-isolate-iran-1789588781387">US Treasury rallies global financial institutions for Op Economic Outcast to isolate Iran</a>&nbsp;The dispute follows the Reserve Bank of India’s rejection on September 11 of Tata Sons’ application to surrender its registration as a core investment company. The RBI had classified Tata Sons as an “upper layer” NBFC in 2022, a designation requiring the company to list within three years.&nbsp;The RBI’s decision revived the prospect of a stock-market listing for Tata Sons, and the board on Thursday agreed to move ahead with the listing.&nbsp;&nbsp;Tata Trusts, together with affiliated trusts, control about 66 per cent of Tata Sons.&nbsp;&nbsp;<h2>‘Tata Model needs to be saved, public listing would destroy character’</h2>&nbsp;However, Tata Trusts chairman Noel said that the Tata Model “needs to be saved,” and a public listing “would destroy the character and strike at the heart of this principle” of the Tata House.&nbsp;Under Ratan Tata, the matter of a public listing had reached a consensus in March 2024, that the company will remain unlisted, he added.&nbsp;Also Read: <a href="https://www.wionews.com/world/fed-raises-rates-for-first-time-in-3-years-kevin-warsh-defies-trump-as-inflation-mounts-1789583250156">Fed raises rates for first time in 3 years, Kevin Warsh defies Trump as inflation mounts</a>&nbsp;The Shapoorji Pallonji Group, which holds roughly 18 per cent of Tata Sons, has favoured a listing. The listing question has also exposed differences within the Tata Trusts.&nbsp;The Sir Dorabji Tata Trust had sought to bind nominee director Venu Srinivasan to vote against the listing, but Srinivasan refused, citing his independent duty as a director and joint nominee.&nbsp;&nbsp;Chandrasekaran has led Tata Sons since February 2017 and was unanimously reappointed for a second five-year term in 2022.&nbsp;In February 2026, Noel Tata raised concerns over losses at businesses including Air India and Tata Digital and set out conditions, including keeping Tata Sons unlisted.&nbsp;

Tata Trusts issued a statement saying the resolution to reappoint Chandrasekaran is illegal and that its chairman Noel Tata reiterated the same position in the board meeting. Tata Trusts also pushed back against Tata Sons’ move towards public listing, with Noel saying it would be a mistake.

The Tata Sons board’s decision to reappoint N Chandrasekaran as chairman for another five-year term on Thursday has led to an imminent clash after Tata Trusts called the reappointment “illegal”, seemingly indicating a potential legal and governance dispute at the top of the Tata Group. The Trusts said the resolution approving Chandrasekaran’s reappointment was a “legal nullity” because Noel N Tata, chairman of Tata Trusts and one of the Trusts’ nominee directors on the Tata Sons board, voted against it. Tata Trusts also pushed back against Tata Sons’ move towards a public listing, with chairman Noel Tata saying it would be a mistake for the firm. Tata Trusts issued a statement saying the resolution to reappoint Chandrasekaran “is illegal” and that its chairman Noel Tata reiterated the same position during the Tata Sons board meeting. Also Read: China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report Noel votes against Chandrasekaran’s reappointment Noel voted against Chandrasekaran’s reappointment, but the resolution was approved by a majority of the Tata Sons board. Tata Trusts said the resolution was a “legal nullity” in view of the provisions of the Articles of Association of Tata Sons. The statement mentions that the process for appointing a chairman requires a majority of the Trusts’ nominee directors to vote in favour of the resolution. It said the same process applies to both the first appointment of a chairman and the reappointment of an existing chairman. It added that the board cannot lawfully hold a meeting or pass a resolution on the chairman’s appointment or reappointment unless both Trust nominee directors are present. Such a resolution cannot be validly passed unless both nominee directors vote in favour, it added. Also Read: US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order Since Noel Tata, one of the Trust nominee directors, voted against the proposal, Tata Trusts said the resolution was rendered legally void and “without any basis”. “A resolution now for re-appointment moved at this meeting would therefore ask this Board to set aside three things at once: the Chairman’s own stated decision, the acceptance of that decision by the majority shareholder, and the further process which that shareholder has asked this Company to set in motion,” Noel Tata said in another statement. ‘Board did not consider legal opinion from former CJI’ The statement also said that Noel Tata had submitted a legal opinion from former Chief Justice of India Justice Dr DY Chandrachud supporting the correctness of the Trusts’ position. However, the statement said the Board did not take note of the opinion. The board also agreed to move ahead with the listing of Tata Sons, the holding company of the Tata Group, but both decisions will have to be approved at the company’s AGM. Also Read: US Treasury rallies global financial institutions for Op Economic Outcast to isolate Iran The dispute follows the Reserve Bank of India’s rejection on September 11 of Tata Sons’ application to surrender its registration as a core investment company. The RBI had classified Tata Sons as an “upper layer” NBFC in 2022, a designation requiring the company to list within three years. The RBI’s decision revived the prospect of a stock-market listing for Tata Sons, and the board on Thursday agreed to move ahead with the listing. Tata Trusts, together with affiliated trusts, control about 66 per cent of Tata Sons. ‘Tata Model needs to be saved, public listing would destroy character’ However, Tata Trusts chairman Noel said that the Tata Model “needs to be saved,” and a public listing “would destroy the character and strike at the heart of this principle” of the Tata House. Under Ratan Tata, the matter of a public listing had reached a consensus in March 2024, that the company will remain unlisted, he added. Also Read: Fed raises rates for first time in 3 years, Kevin Warsh defies Trump as inflation mounts The Shapoorji Pallonji Group, which holds roughly 18 per cent of Tata Sons, has favoured a listing. The listing question has also exposed differences within the Tata Trusts. The Sir Dorabji Tata Trust had sought to bind nominee director Venu Srinivasan to vote against the listing, but Srinivasan refused, citing his independent duty as a director and joint nominee. Chandrasekaran has led Tata Sons since February 2017 and was unanimously reappointed for a second five-year term in 2022. In February 2026, Noel Tata raised concerns over losses at businesses including Air India and Tata Digital and set out conditions, including keeping Tata Sons unlisted.

Tata Trusts issued a statement saying the resolution to reappoint Chandrasekaran is illegal and that its chairman Noel Tata reiterated the same position in the board meeting. Tata Trusts also pushed back against Tata Sons’ move towards public listing, with Noel saying it would be a mistake.

Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, rejects Tata Sons listing

Noel Tata, half-brother of late Ratan Tata, was on Friday (Oct 11) appointed the chairman of India's Tata Trusts, as per a press release shared by the Tata Trusts.

Noel Tata, half-brother of late Ratan Tata, was on Friday (Oct 11) appointed the chairman of India's Tata Trusts, as per a press release shared by the Tata Trusts. Tata Trusts was set up by Noel and Ratan's great-grandfather Jamsetji Tata in 1892, years after he founded the Tata group. Ratan Tata passed away on October 9 at the age of 86 and Noel was the top contender to be the chairman. Noel's appointment is of significance as Tata Trusts owns 66 per cent of Tata Sons, the holding company of various firms under the Tata brand which is more than 150 years old. #BREAKING | #NoelNavalTata appointed as Chairman of all the Trusts that constitute the Tata Trusts and also designated Chairman, #TataTrust. #RatanTata, Chairman Emeritus, passed away at 86. Source: ANI #TataGroup pic.twitter.com/bD8Ad6M6zG — WION (@WIONews) October 11, 2024 × Also read | Ratan Tata cremated with state honours in Mumbai; thousands turn up to pay tribute Who is Noel Tata? Noel was born in 1957 to Naval Tata and Simone Tata. He already serves as a trustee on the board of Sir Ratan Tata Trust and Sir Dorabji Tata Trust. He is also the chairman of Tata Trent and vice chairman of Tata Steel. Noel earned his bachelor's degree from the University of Sussex and attended the International Executive Programme at France's INSEAD business school. He holds Irish citizenship. Noel started his career at Tata International and went on to become the managing director of Trent- Tata Group's retail arm. He later became Trent's chairman and also became the vice-chairman of Tata Steel. Ratan Tata gets a state funeral A day before Noel's appointment (as chairman of Tata Trusts), Ratan Tata received a state funeral in Mumbai. Ahead of the funeral, hundreds of people including corporate leaders, politicians and celebrities gathered in India's financial hub Mumbai to pay their last respects to Ratan Tata, Also watch | Ratan Tata: A look at the Indian visionary's legacy × Known for his exemplary business acumen and philanthropic nature, Ratan as chairman led various companies within the Tata conglomerate for more than 20 years. It recorded revenue of $165 billion in 2023-24. Although in recent years Ratan was not as active in the day-to-day running of the group, he was consulted on big decisions by the Tata Sons leadership, the news agency Reuters reported. Ratan had been in a Mumbai hospital since Monday, but the cause of his death was not immediately made public. After his death, tributes poured in from around the world, underlining the popularity that transcended boundaries and generations. (With inputs from agencies)

Noel Tata, half-brother of late Ratan Tata, appointed chairman of Tata Trusts

Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct&nbsp;9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran.

“It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” Chandrasekaran said in a statement shared on X.

Tata was known for his modest lifestyle. He had an estimated net worth of Rs 3,600 crore, with Tata Group being one of the most prominent companies in the country.&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/india-news/breaking-ratan-tata-indian-business-tycoon-dies-aged-86-766108">Ratan Tata, Indian industry’s titan, visionary, and philanthropist, dies at 86</a>

After his demise, people are speculating who will be the doyen's successor to continue his legacy. While N Chandrasekaran has already taken over Tata Sons as chairman, questions still arise about who will be the next Tata leader. Several Tata family members are leading different parts of the business, and Noel Tata is speculated to be the next contender, according to reports.&nbsp;However, the company has not given any confirmation yet.

<h2>Who is Noel Tata?</h2>

Noel Tata is Ratan Tata’s half-brother and son of Naval Tata from his second wife, Simone Tata. He has been involved in the family business for 40 years and already holds a key position in the company, making him the likely successor.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/ratan-tata-once-said-he-wanted-to-be-remembered-as-his-words-have-now-gone-viral-766197">Ratan Tata once said he wanted 'to be remembered as...' His words have now gone viral</a>

Noel Tata is the Chairman of Trent, Tata International Limited, Tata Investment Corporation, and Voltas. He is also the Vice Chairman of Tata Steel and Titan Company Limited. Additionally, he is a Trustee on the Boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust.

He was the Managing Director of Tata International Limited from August 2010 to November 2021, during which the company’s turnover increased from $500 million to over $3 billion. He was also the key person who led to the expansion of Trent Limited from one store in 1998 to 700 stores at present.

Noel Tata got his education from Sussex University in the UK and did the International Executive Programme at INSEAD. He has three children, Maya, Neville, and Leah, who are also involved with the Tata Group.

(With inputs from agencies)

Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct 9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran.

Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct 9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran. “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” Chandrasekaran said in a statement shared on X. Tata was known for his modest lifestyle. He had an estimated net worth of Rs 3,600 crore, with Tata Group being one of the most prominent companies in the country. Also read | Ratan Tata, Indian industry’s titan, visionary, and philanthropist, dies at 86 After his demise, people are speculating who will be the doyen's successor to continue his legacy. While N Chandrasekaran has already taken over Tata Sons as chairman, questions still arise about who will be the next Tata leader. Several Tata family members are leading different parts of the business, and Noel Tata is speculated to be the next contender, according to reports. However, the company has not given any confirmation yet. Who is Noel Tata? Noel Tata is Ratan Tata’s half-brother and son of Naval Tata from his second wife, Simone Tata. He has been involved in the family business for 40 years and already holds a key position in the company, making him the likely successor. Also read | Ratan Tata once said he wanted 'to be remembered as...' His words have now gone viral Noel Tata is the Chairman of Trent, Tata International Limited, Tata Investment Corporation, and Voltas. He is also the Vice Chairman of Tata Steel and Titan Company Limited. Additionally, he is a Trustee on the Boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust. He was the Managing Director of Tata International Limited from August 2010 to November 2021, during which the company’s turnover increased from $500 million to over $3 billion. He was also the key person who led to the expansion of Trent Limited from one store in 1998 to 700 stores at present. Noel Tata got his education from Sussex University in the UK and did the International Executive Programme at INSEAD. He has three children, Maya, Neville, and Leah, who are also involved with the Tata Group. (With inputs from agencies)

Who is Noel Tata, the likely successor of Ratan Tata in the Tata Group?

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Noel Tata challenges Chandrasekaran’s reappointment as Tata Sons chairman. What happened at the board meeting

Noel calls Chandrasekaran’s reappointment ‘illegal’, rejects Tata Sons listing

Noel Tata, half-brother of late Ratan Tata, appointed chairman of Tata Trusts

Who is Noel Tata, the likely successor of Ratan Tata in the Tata Group?