TCS, other Tata stocks fall up to 4% as N Chandrasekaran resigns

August 12, 2026

Shares of Tata Group companies fell, primarily driven by TCS. N Chandrasekaran stepped down as Tata Sons chairman ahead of the scheduled AGM on August 18, yet he will continue in his role until February 2027. His exit raises questions about the upcoming board meeting, particularly regarding the influence of Tata Trusts, which holds the majority stake.

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