N Chandrasekaran to step down as Tata Chemicals chairman and director, S Padmanabhan named to take over
N Chandrasekaran, Chairman of Tata Sons, has stepped down from his roles as Chairman and Director of Tata Chemicals, effective May 29, 2025. The announcement was made via a regulatory filing, with the Board of Directors acknowledging his resignation during a meeting held on Wednesday, according to news agency PTI.In his resignation letter dated May 28, Chandrasekaran cited a reassessment of his current and future commitments as the reason for his decision. “It has been a privilege to chair the Tata Chemicals board and I sincerely appreciate the support and collaboration during my tenure,” he stated.Following his departure, the company has appointed S Padmanabhan, currently a Director on the board, as the new Chairman, effective May 30, 2025.In addition, based on recommendations from the Nomination and Remuneration Committee, the board has approved the appointment of Modan Saha as an Additional Director (Non-Executive, Non-Independent) with effect from May 28, 2025. Saha is currently responsible for driving specific strategic initiatives at Tata Sons.
