Tata Group stocks surged up to 13.5% in Thursday’s session on September 17 after the Tata Sons board approved a fresh five-year term for N. Chandrasekaran as executive chairman and set the process in motion for a potential listing of the group’s holding company, according to media reports.
Tata Chemicals rose 13.5% to ₹831.00 per share on BSE. Tata Teleservices advanced 7.3% to ₹38.14 while Tata Investment is up 7.3% to ₹732.10.
Tata Motors Passenger Vehicles jumped as much as 6.2% to the day’s high of ₹319.70 per share on BSE.
Tata Steel advanced 3.5% to ₹189.40, while Tata Motors rose 3% to ₹436.90.
TCS was up 3.2%, whereas Tata Power added 2.5%, Indian Hotels rose 2.2%, and Tata Elxsi gained 1%.
Chandrasekaran had earlier indicated on August 12 that he would not pursue another term after his current stint as Tata Sons executive chairman concludes on February 20, 2027.
As per reports, the decision on his reappointment, however, was subsequently taken up by the Tata Sons board, with Noel Tata, Chairman of Tata Trusts, being the sole member to vote against the resolution. The board also discussed the proposed listing of Tata Sons, although it did not pass any resolution on the matter, according to media reports.
Tata Sons Listing
The listing question has been hanging over Tata Sons since the RBI’s September 2022 decision to classify the company as an upper-layer non-banking financial company.
Under the regulatory framework, the classification required Tata Sons to list within three years. The company later repaid its debt and applied to surrender its Core Investment Company registration, seeking to retain its privately held status.
That route was effectively shut down after the Reserve Bank of India rejected Tata Sons’ application on September 11, 2026, and directed the group holding company to proceed with an immediate listing. The RBI’s decision was reiterated on September 12, when it formally rejected the request to surrender the Core Investment Company registration, effectively closing Tata Sons’ effort to avoid a mandatory stock-market listing.
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