After Trent, Noel Tata to step down as Voltas chairman
The Hindu – National
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Subscribed with another email? Logout and Login with that one. Account subscription benefits alongside Premium Stories, Editorials, Opinions and more. Unlock these with Subscription Published - June 30, 2026 10:47 pm IST - New Delhi Chairman of Tata Trusts, Noel Tata | Photo Credit: Reuters Almost a week after stepping down as chairman of Trent, Noel Tata announced on Tuesday (June 30, 2026) that he would also relinquish the chairmanship of another Tata group firm, Voltas. Addressing shareholders of the leading cooling products maker in its 72nd annual general meeting (AGM), Noel Tata, 69, said this would be his last AGM as Chairman of Voltas. He said the company has developed its next generation of leaders through a combination of internal promotions and lateral hiring and expressed confidence in the management's ability to drive future growth. I am confident that with the close cooperation of seasoned practitioners and new talent, your company will continue to take big strides in all business segments," he said. Earlier this month, on June 23, Noel Tata, while addressing shareholders of Trent, a leading Indian fashion and lifestyle retailer, had made a similar announcement. The Companies Act 2013 mandates that any Managing Director or Whole-Time Director cannot be appointed or continue employment if they are 70 years of age or older. India / economy, business and finance / business (general) Terms & conditions | Institutional Subscriber Comments have to be in English, and in full sentences.
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Addressing shareholders of the leading cooling products maker in its 72nd annual general meeting (AGM), Noel Tata, 69, said this would be his last AGM as Chairman of Voltas
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