Shareholders of Tata Sons Private Ltd, the holding company of the Tata group, may vote on September 14 on giving a second term to N Chandrasekaran as chairman. The online annual general meeting (AGM) comes at a time when the group is undergoing a transformation, carrying out a slew of acquisitions with a focus on digital businesses.
A spokesperson for Tata Sons declined to comment.
According to Tata group insiders, during Chandrasekaran’s tenure, the group has dealt with the legacy issues, such as exiting wireless telephony, head-on.
The group has also acquired Bhushan Steel and several consumer-facing platforms like Big Basket and 1mg