Tata Sons weighs Narendran, Agrawal and Chauhan for 2027 chairman succession: Report

Tata Steel CEO T V Narendran, Tata Group CFO Saurabh Agrawal and NSE chief Ashish Chauhan are reportedly in contention to succeed N Chandrasekaran after his term ends on February 20, 2027. The choice could influence capital allocation across Tata Digital, BigBasket, Tata 1mg and Air India.

— Source publishedSat, 5 Sept, 2026, 14:25 IST·First seen Sat, 5 Sept, 2026, 14:33 IST·Source Financial Express · BrandWagon

What happened

Tata Sons is considering Tata Steel CEO T V Narendran, Group CFO Saurabh Agrawal and NSE chief Ashish Chauhan to succeed N Chandrasekaran in 2027. The decision

Key facts

  • USD 275 billion-plus Tata conglomerate value
  • Chandrasekaran's second five-year term
  • February 20, 2027 term end
  • Rs 30,000 crore NSE IPO
  • About Rs 5 lakh crore NSE valuation
  • More than 30 businesses
  • More than 1 million employees
  • Roughly Rs 16.24 lakh crore group revenue

Why this matters

Potential leadership change at Tata Sons could reset partnership, acquisition and portfolio priorities across its consumer platforms, so counterparties should monitor candidates’ strategic and capital-deployment track records.