National Stock Exchange has denied media report that names its managing director and CEO Ashishkumar Chauhan as a possible candidate for the position of Tata Sons chairman.
In a statement on Sunday, NSE said that reports mentioning Chauhan as a candidate are speculative and factually incorrect.
NSE said Chauhan remains fully committed to his responsibilities at the company and to the ongoing IPO and listing process.
Last month Tata Sons chairman N Chandrasekaran announced that he would not seek a third term after the end of his current tenure in February 2027. Tata Trusts has started the process to form a selection committee to choose Chandrasekaran’s successor.
A media report on Saturday had said the search for Tata Sons next chairman had narrowed down to Tata Steel CEO and MD T V Narendran, Tata Sons executive director and CFO Saurabh Agrawal and Chauhan.