Tata Group Stocks Drop Up to 4% as N Chandrasekaran Resigns as Tata Sons Chairman

Natarajan Chandrasekaran has stepped down as Chairman of Tata Sons, the holding company of the Tata Group conglomerate. The resignation was announced ahead of Tata Sons' annual general meeting scheduled for August 18. Following the news, shares of several Tata Group companies fell by as much as 4% in market trading. Chandrasekaran had been serving as Tata Sons Chairman since 2017, overseeing one of India's largest and most diversified business groups.
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