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The board of Tata International Limited has approved the appointment of TV Narendran, CEO and Managing Director of Tata Steel, as Chairman and Noel N. Tata as Chairman Emeritus. Both appointments took effect on November 12, 2026, according to a company statement.
Separately, Tata Investment Corporation said Noel Tata retired as its Chairman and Director at the close of business hours on November 11, in line with the Tata Group Governance Guidelines, which cover board composition, committees and director retirement. Bahram Vakil became Chairman from November 12 and the company appointed Abizer Shabbir Diwanji as an Additional Non-Executive Independent Director from the same date.
The changes come amid differences between Tata Trusts and Tata Sons over governance and control of the Tata Group. Tata Sons was not consulted on the new chairpersons at several Noel Tata-led group companies, including Tata International, Trent, Tata Investment Corporation and Voltas.
“Over the years, Tata International has built a strong legacy of enterprise, resilience and partnerships,” said Noel Tata.
“It is a privilege to take on the role of Chairman,” said TV Narendran. “I look forward to building on the strong foundation and legacy of the organisation to pursue sustainable growth.”
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