Chandra's current term as chairman runs until February 2027, but the continuation hinges on his reappointment as a director of Tata Sons

N Chandrasekaran

Business Standard

Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty, an early performance indicator of the benchmark Nifty50's performance, was trading with marginal gains

Stock Markets

Analysts believe the unexpected leadership transition could weigh on Godrej Consumer Products stock in the near term, but do not expect any change in the company's core strategy.

Godrej Consumer

Most of the group stocks traded with cuts of up to 1 per cent in early trade on the NSE. Tejas Networks was the top loser.

Tata group stocks

Ardee Industries shares opened at ₹72 on the NSE, up ₹19 apiece or 35.85 per cent, compared with the IPO issue price of ₹53. On the BSE, the shares debuted at ₹73.60, up ₹20.60 or 38.87 per cent.

Ardee Industries share price

Last week, the Reserve Bank of India retained Tata Sons Pvt. on its updated list of systemically important shadow lenders

Jardine House in Hong Kong

Bloomberg

N Chandrasekaran is reportedly considering stepping down as Tata Sons chairman ahead of the Aug 18 AGM, amid uncertainty over his director reappointment

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Tata group stocks may shrug off reports of Chandra's exit: Analysts

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