Tata Trusts to debate key issues at mid-May meet

Tata Trusts is expected to discuss several vexing issues, including whether to keep Tata Sons as a private company and the possibility of giving a third full term to chairman Natarajan Chandrasekaran, when the trustees of the philanthropic entity meet in the second week of May, four months after its last meeting in January, according to two Tata Group executives who did not wish to be named.

- Varun Sood & Satish John

The agenda for the upcoming meeting has not yet been finalized or shared with the trustees, the two executives said, and added that it could be convened on 8 or 12 May, depending on the availability of all trustees.

Whether Chandrasekaran’s third term will be discussed depends on Tata Sons’ response to the questions that Tata Trusts chair Noel Tata had raised at the Tata Sons board meeting on 24 February, one executive said. At that meeting, Noel Tata had raised questions about Tata Sons’ strategic direction, prompting the board to defer a decision on Chandrasekaran’s reappointment for a third five-year term, set to begin in February 2027.