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Noel Tata to step down as Trent chairman after 29 years on November 11; Bahram Vakil set to succeed him

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Noel Tata to step down as Trent chairman after 29 years on November 11; Bahram Vakil set to succeed him

Noel Tata to step down as Trent chairman after 29 years on November 11; Bahram Vakil set to succeed him

Noel Tata will step down as Trent chairman and director on November 11 after nearly three decades with the retailer, with Bahram Vakil taking over from November 12. Tata will become chairman emeritus. The board has also approved two director appointments as Trent reported a 25% rise in September-quarter net profit.

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Noel N. Tata will step down as chairman and director of Trent Ltd on November 11, ending nearly three decades at the helm of the Tata Group retailer, with the company's board appointing Bahram Vakil as his successor from November 12.

Tata, who has been associated with Trent since 1997, will assume the role of chairman emeritus from November 12 in recognition of his contribution to the company, Trent said in a regulatory filing.

The leadership transition is in line with the Tata Group Governance Guidelines, which prescribe requirements for board composition, committees and director retirement.

The board also approved the appointment of Rajiv Dube as an additional non-executive, non-independent director from October 30, subject to shareholder approval.

Kalpana Merchant has been appointed an additional director and independent director for a three-year term from October 30, 2026, also subject to shareholder approval.

Trent said Tata had provided strategic direction and leadership during his tenure, helping the company strengthen its market position and deliver growth for stakeholders.


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