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A former defence secretary, he first joined the board in June 2013 but stepped down in July 2018 after turning 70, in line with the retirement norms at the time.
Tata is yet to give an official statement regarding this. (Photo Credit: X)
In a surprise development, Vijay Singh, vice-chairman of Tata Trusts, has resigned from the Tata Sons board just a day before its scheduled meeting. His exit comes as Tata Sons faces pressure from the Reserve Bank of India (RBI) to meet a deadline for its long-awaited initial public offering (IPO), according to a report by The Times of India.
Tata Trusts, through its two main arms, the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, controls around 52 per cent of Tata Sons, the holding company of the $165-billion Tata Group. The board currently includes two other Tata Trusts nominees: chairman Noel Tata and vice-chairman Venu Srinivasan. The company is yet to comment on the issue.
Second Stint Ends Amid Policy Shifts
This was Vijay Singh’s second tenure with Tata Sons. A former defence secretary, he first joined the board in June 2013 but stepped down in July 2018 after turning 70, in line with the retirement norms for Tata Trusts’ nominees at the time.
In February 2022, Singh made a return after Ratan Tata introduced a more flexible retirement policy, removing the fixed age limit for nominee directors. Over the years, Tata Sons has used such norms both to extend directors’ terms and, at times, to end them, depending on the group’s evolving needs.
TV Narendran Likely to Join the Board
Meanwhile, Tata Steel CEO and managing director TV Narendran is expected to be inducted into the Tata Sons board, The Economic Times reported. The 60-year-old, who has spent over three decades at the Tata Group and led Tata Steel’s global expansion, recently met Tata Sons chairman N. Chandrasekaran at Bombay House to discuss the role.
His potential entry comes amid a series of board exits. Ralf Speth, former Jaguar Land Rover CEO, stepped down this month after turning 70, while independent director Leo Puri resigned in April, and industrialist Ajay Piramal left in August on reaching the retirement age. These exits have opened up three vacancies on the board.
With Narendran’s likely induction, Tata Steel’s representation at Tata Sons’ apex decision-making body will further strengthen under Noel Tata’s leadership.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
Delhi, India, India
September 12, 2025, 13:46 IST
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