Board voting lessons from Tata Sons saga - Business Daily

Last week, a dispute within Tata Sons' boardroom in Mumbai, India, highlighted how trusts are used to govern family businesses. On September 17, 2026, the board voted 4-1 to reappoint N Chandrasekaran as chairman for another five years, despite opposition from Noel Tata, chairman of Tata Trusts, which owns about 66% of the company. The conflict has escalated since then. The saga demonstrates the challenges of corporate governance in Indian family businesses.