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  5. Titan, Indian Hotels, Trent: How Tata Group stocks are faring on Monday, February 23

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Titan, Indian Hotels, Trent: How Tata Group stocks are faring on Monday, February 23

Upstox
By Upstox News Desk

3 min read | Updated on February 23, 2026, 14:38 IST

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SUMMARY

As per an ET report, Tata Sons is expected to hold an extraordinary general meeting (EGM) this week to receive shareholder approval for reappointing N Chandrasekaran as executive chairman for a third term.

Stock list

TITAN
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INDHOTEL
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TCS
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Tata Group, Tata Sons

The NIFTY India Corporate Group Index- Tata Group 25% Cap stood at 15,042.90, reflecting a 19-point or 0.13% decline. | Image: Shutterstock

Tata Group company shares: Shares of Tata Group companies were mostly trading in the red on the National Stock Exchange (NSE) on Monday, February 23.
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Stocks of Tata Group firms such as Tata Elxsi (-3.07%), Trent (-0.90%), Tata Steel (-0.77%), Voltas (-0.70%), the Indian Hotels Company (-0.34%), Tata Consultancy Services (-0.36%) and Tata Power Company (-0.04%) were trading in the negative.

On the other hand, Tata Consumer Products (1.38%), Titan Company (0.65%) and Tata Motors PV (0.08%) were trading in the green.

The NIFTY India Corporate Group Index- Tata Group 25% Cap stood at 15,042.90, reflecting a 19-point or 0.13% decline.

Tata Sons EGM

As per a report by the Economic Times, Tata Sons is expected to hold an extraordinary general meeting (EGM) this week to receive shareholder approval for reappointing N Chandrasekaran as executive chairman for a third term. This comes exactly a year before his second term comes to an end in February 2027.
In October 2025, Tata Trusts, which holds a 66% controlling stake in Tata Sons, had unanimously approved N Chandrasekaran’s reappointment as the executive chairman for a third term, extending his term for another five years from February 2027, as per a separate ET report, which cited sources.

This reappointment is an exception to the company’s retirement policy, according to which executives are expected to retire at the age of 65 but are allowed to hold non-executive roles till 70 years of age. N Chandrasekaran will be 63 by the time his second tenure as the executive chairman of Tata Sons concludes.

Sources had told ET that his reappointment “was necessary to see through critical projects like semiconductors, batteries for electric vehicles, and Air India.”

In October 2016, a similar waiver was granted when the board of directors of Tata Sons abruptly removed Chairman Cyrus Mistry and appointed Ratan Tata as the interim chairman. At the time, Ratan Tata was 78 years old.

TCS’s AI roadmap

TCS is also expected to present an AI roadmap to the board of Tata Sons this week, to address concerns regarding the recent sell-off in IT stocks caused by worries about the disruption AI start-ups will have on established companies, people with knowledge told ET. The board is also set to receive updates on Tata Electronics and Air India.

TCS partners with ServiceNow to accelerate AI adoption for enterprises

In a regulatory filing today, TCS said it signed a multi-year partnership with AI control tower ServiceNow to help enterprises speed up AI adoption across their businesses and functions.

Under the pact, TCS will develop solutions on the ServiceNow platform that will use trusted AI and a unified governance model to make enterprise workflows more “efficient, proactive, and insight-driven.”

“Enterprises are increasingly looking for experts who can reimagine how work is transformed with AI, especially in back-office functions like human resources, finance, supply chain, procurement, and employee services,” the company said.

It added that these solutions will be offered through TCS’s AI-led, autonomous global business solutions portfolio.

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Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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