Noel Tata to exit Trent chair after three decades; expansion roadmap intact
Trent chairman Noel Tata will step down under Tata Group's age-70 rule, ending a near 30-year run. The retailer is pressing ahead with 50 Westside, 200-250 Zudio and 25-40 Star openings a year, targeting ~700 Westside and ~5,000 Zudio stores. Q4 net profit rose 29.95% to ₹454.75 cr; shares climbed 4.18% to ₹3,273.
Noel Tata will step down as Trent chairman per Tata Group's age-70 governance rule. Trent plans 50 Westside, 200-250 Zudio and 25-40 Star stores annually, eyeing 700 Westside and 5,000 Zudio stores plus overseas expansion.