Tata Sons Board Renews Chairman Mandate, Clashes with Tata Trusts Over Capital Plan

Tata Sons' board renewed Natarajan Chandrasekaran's mandate for five years and backed a stock-exchange listing, drawing immediate public opposition from Tata Trusts, the philanthropic arm that controls the group. The rift signals a governance battle over control and capital allocation within India's largest conglomerate. The outcome is uncertain and could reshape the group's ownership structure.