Tata Sons Chairman N Chandrasekaran Announces Departure from Tata Chemicals Board
- Tata Sons Chairman N Chandrasekaran to step down as Director and Chairman of Tata Chemicals effective May 29, 2025.
- S Padmanabhan appointed as new Chairman of Tata Chemicals from May 30, 2025; Modan Saha joins as Additional Director.
- Chandrasekaran highlights Tata Motors demerger into two listed entities for strategic clarity and long-term shareholder value.
In a significant leadership change, Tata Sons Chairman N Chandrasekaran has announced his decision to step down as Director and Chairman of Tata Chemicals, effective May 29, 2025. The announcement came through a regulatory filing by Tata Chemicals, citing a letter dated May 28, 2025, in which Chandrasekaran communicated his intention to resign from the roles.
The Board of Directors of Tata Chemicals took note of Chandrasekaran’s request during a meeting held on Wednesday. In his formal resignation letter, Chandrasekaran expressed gratitude for the opportunity to lead the company’s board and acknowledged the support and collaboration he received throughout his tenure. He cited his evaluation of current and future commitments as the reason behind the decision to step down.
Following Chandrasekaran’s resignation, the board appointed S Padmanabhan, a current Director of Tata Chemicals, as the new Chairman with effect from May 30, 2025. In addition, Modan Saha was appointed as an Additional Director (Non-Executive, Non-Independent) from May 28, 2025. Saha currently leads strategic initiatives at Tata Sons, according to the company’s statement.
This leadership transition at Tata Chemicals occurs alongside significant strategic developments within the broader Tata Group. Earlier this month, Chandrasekaran had highlighted the ongoing demerger of Tata Motors into two separate listed entities one focusing on Commercial Vehicles and the other encompassing Passenger Vehicles, including electric vehicles (EV) and Jaguar Land Rover (JLR).
Chandrasekaran emphasized that the demerger aims to bring greater strategic clarity and agility, allowing both entities to pursue focused execution and create enhanced value. He noted that this move is designed to deliver superior customer experiences, rewarding career opportunities for employees, and sustainable long-term returns for shareholders.
Shareholders had approved the proposed demerger earlier in FY26, with the expectation that the restructuring will become effective during the second half of 2025. Upon completion, shareholders will receive equivalent shares in both newly formed entities.
The resignation of Chandrasekaran from Tata Chemicals marks a key moment in the leadership dynamics of the Tata Group, while the ongoing restructuring initiatives underline the group’s commitment to sharpening strategic focus and driving value creation across its businesses.
