Business EconomyPosted at: May 12 2026 8:40PM


Tata Sons likely to induct Tata Steel CMD Narendran to its board

Mumbai, May 12 (UNI) Tata Sons, which is the principal holding company and promoter of the Tata Group of companies, is considering the induction of Tata Steel CEO & MD TV Narendran as a director to the Tata Sons board as early as next month, since Tata Sons is likely to hold its next board meeting on June 12, according to senior officials.
The possibility of Narendran being inducted to the Tata Sons board comes at a time when there is lack of unanimity about key decisions like reappointing Tata Sons Chairman N Chandrasekaran, for a third term.
According to officials, appointing a senior executive to the Tata Sons board may boost the Tata group’s ability to navigate tricky challenges such as losses at units like Air India and digital businesses, besides having a boardroom voice, who could deflect pressures from factional infighting.
Narendran joined Tata Steel after earning his MBA from the Indian Institute of Management Calcutta in 1988, after which he rose through the ranks and was appointed its CEO in November 2013.
His likely induction could strengthen the representation of a top Tata Group executive to the parent’s board, officials said.
Another likely candidate who could be inducted to the Tata Sons board is former Managing Director of Titan, Bhaskar Bhat, who is also a member of one of the key trusts which control the Tata empire.
Bhat, and Neville Tata, son of Tata Trusts Chairman Noel Tata were appointed trustees at Sir Dorabji Trust last November.
The Tata trusts own a total of around 66 per cent equity stakes in Tata Sons.
The June 12 board meeting could discuss the contentious matter of listing of Tata Sons as well as a proposal to re-appoint Chandrasekaran for a fresh tenure, beginning from February 2027.
Earlier, Tata Sons Chairman N Chandrasekharan's reappointment was deferred at the last board meeting, due to lack of unanimity among the directors, especially after Noel Tata expressed his reservations at the February 24 board meeting.
Noel Tata had put certain conditions before he gave his assent to re-appoint Tata Sons Chairman N Chandrasekaran for a fresh term.
Noel Tata’s demands also included an assurance that Tata Sons would remain a privately-owned firm and would not be listed. Another key Noel Tata demand was a plan from Tata Sons to turnaround loss making firms within the Tata Group.
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