Noel Tata to Step Down as Voltas Chairman After Exiting Trent Board
Noel Tata is relinquishing his Voltas chairmanship following his exit from Trent, where revenue grew nine-fold under his tenure. Separately, Motilal Oswal initiates Tata Capital coverage at Neutral with a Rs 390 target, while Suzlon secures a 400 MW Tata Power wind project spanning 127 turbines.
Noel Tata to step down as Voltas chairman after exiting Trent, where revenue grew nine-fold. Motilal Oswal initiates Tata Capital coverage with Neutral rating; Suzlon wins Tata Power wind project.
Why this matters
The Voltas exit follows Noel Tata's departure from Trent's board, days after retiring as chairman after an 11-year run that built Westside into a national chain, marking a broad step-back from Tata group leadership roles.
Leadership activity holding steady with 527 signals over the past 90 days.