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Tata Group stocks fall up to 5% after Tata Sons chairman Chandrasekaran resigns
Tata Consultancy Services (TCS) led the losses, falling 5 per cent, while Tata Motors PV declined 4 per cent. Tata Steel fell 2 per cent.
TL;DRAI
N Chandrasekaran resigns as Tata Sons chairman after 9 years, declining reappointment for a third term expiring February 2027. The leadership transition at India's largest conglomerate triggers a 5% TCS stock selloff, signaling market uncertainty on tech division strategy and governance continuity.
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