Tata Group is witnessing an ongoing tussle over the leadership of Tata Sons, with N Chandrasekaran deciding to step down as chairman and not offer himself for reappointment. AdvertisementIn his full statement on the resignation, Chandrasekaran said he has completed 40 years of professional life at the Tata Group and described his time leading Tata Sons as a “great honour and a profound responsibility.” He said the Sir Dorabji Tata Trust and Sir Ratan Tata Trust had unanimously resolved and recommended extending his next term by five years. This recommendation was subsequently recorded by the Tata Sons Nomination and Remuneration Committee and the Board. AdvertisementAccording to Chandrasekaran, the proposal was tabled before the Tata Sons Board on February 24, 2026.