Noel Tata to Step Down as Voltas Chairman From November 12; Sunil D'Souza Named Successor
- Noel Tata will retire as Voltas Chairman and Director on November 11, 2026, after reaching the company’s retirement age.
- Voltas will appoint Noel Tata as Chairman Emeritus effective November 12, 2026.
- Sunil Alaric D’Souza, who leads Tata Consumer Products, will become Voltas Chairman on November 12, 2026.
- Voltas proposed appointing Jayant Balan as Managing Director for a five-year term beginning May 25, 2027, subject to shareholder approval.
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Tata Group company Voltas is set to undergo major leadership changes in the next few months. Chairman Noel Tata will step down on November 11, 2026. Find out who will now lead the company.
Noel Tata to step down as Voltas chairman from November 12; Sunil D'Souza named successor
Voltas is set for a notable leadership change as Sunil Alaric D'Souza steps in as Chairman following Noel N Tata's retirement. Tata, who has been with the company since 2003, will take on the role of Chairman Emeritus. Meanwhile, Mukundan Menon C.P. will also retire as Managing Director on May 24, 2027, allowing for Jayant Balan, the Head of Room Air Conditioner Business, to be appointed as Managing Director Designate.
Who is Sunil D'Souza? Meet Voltas' new Chairman, his career, education and why Noel Tata is stepping down
Voltas has appointed Tata Consumer Products CEO Sunil D'Souza as Chairman from November 12, replacing Noel Tata, who retires at 70 under Tata Group governance guidelines. D'Souza brings over 30 years of experience across HUL, PepsiCo and Whirlpool.
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