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NCP (SP) president Sharad Pawar on Tuesday called for preserving the social commitment and institutional role of the Tata Group, citing its deep-rooted Maharashtra connection, and said its charitable ownership must be protected. The current leadership issue should be resolved through due process, dialogue and adherence to the Articles of Association, the former Union minister said in a post on X. Protecting the Tata Group's trust-based legacy is the need of the hour and essential to preserving its contribution to India's development, he stated. The Tata Group's legacy is rooted in the belief that business should serve society, the former Maharashtra chief minister said, adding that Tata Trusts' institutional role and rights must be respected under the established governance framework. On September 17, Tata Sons directors voted to reappoint N Chandrasekaran as executive chairman for a further five years - only for Tata Trusts, the conglomerate's majority shareholder, to declare the
The Tata Sons annual general meeting scheduled for August 18 may not take place after Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, was unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, people familiar with the matter said. The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February. Tata Sons has not communicated any change in the scheduled AGM date to shareholders, the people said. Latest indications are that the company plans to proceed with the meeting but could adjourn it if the required quorum is not achieved. The problem stems from the inability of the Sir Ratan Tata Trust (SRTT) - which holds a 23.56 per cent stake in Tata Sons - to hold a board meeting because of an order issued by the Maharashtra Charity Commissioner in May pending an ..
Tata Sons executive chairman N Chandrasekaran received total remuneration of Rs 158.66 crore in the year ended March 31, 2026, up from Rs 155.81 crore a year earlier, according to the holding company's annual report. The compensation is the highest that Chandrasekaran has received since Tata Sons began disclosing executive remuneration in fiscal 2022. Over the past five years, he has earned a cumulative Rs 671.4 crore. His FY26 remuneration comprised salary and other benefits of Rs 17.97 crore, up 18 per cent from Rs 15.12 crore in the previous fiscal, and a profit-linked commission of Rs 140.69 crore, unchanged from FY25. While his fixed pay has risen over the past five years, the bulk of Chandrasekaran's remuneration has come from commissions, which have increased alongside Tata Sons' profitability. His commission rose from Rs 94 crore in FY22 to Rs 100 crore in FY23 and Rs 121.5 crore in FY24 before increasing to Rs 140.69 crore in FY25, where it remained in FY26. While the ...