Tata Sons said in a statement that “Chandra acceded to the Board’s request to reconsider his decision”. The board subsequently “resolved by a majority vote to re-appoint him as Executive Chairman for a further term of five years upon the expiry of his current tenure”. Tata Sons said in a statement that “Chandra acceded to the Board’s request to reconsider his decision”. The board subsequently “resolved by a majority vote to re-appoint him as Executive Chairman for a further term of five years upon the expiry of his current tenure”.
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