Mr. Noel N. Tata (DIN: 00024713) retired from the office of Chairman and Director effective close of business hours on November 11, 2026.
Retirement is in accordance with Tata Group Governance Guidelines requirements for board composition and retirement.
Served on the board since June 9, 2004, and as Chairman since June 24, 2010 (22-year tenure).
Appointed as Chairman Emeritus effective November 12, 2026, in recognition of his contributions.
2. Appointment of Mr. Bahram Vakil as Chairman
Mr. Bahram Vakil (DIN: 00283980) appointed as Chairman effective November 12, 2026.
Not related to any other director of the company.
Not debarred from holding director office by SEBI or any other authority.
3. Appointment of Mr. Abizer Shabbir Diwanji as Independent Director
Mr. Abizer Shabbir Diwanji (DIN: 02540442) appointed as Additional Director (Non-Executive, Independent) effective November 12, 2026.
Appointment approved for a five-year term from November 12, 2026 to November 11, 2031, subject to shareholder approval.
Not related to any other director of the company.
Not debarred from holding director office by SEBI or any other authority.
Professional background: Rank holder Chartered Accountant, Founder of NeoStrat Advisors LLP, former head of financial services at KPMG & EY for 20 years, COO of SBUT (social cause project), faculty at SP Jain Management Institute, Indian Institute of Corporate Affairs, IIM Ahmedabad, and SIMSREE.
