Politics · India Bureau
Noel Tata steps down as Voltas chairman, named Chairman Emeritus
Noel Tata will retire as Chairman and Director of Voltas Ltd upon attaining the superannuation age of 70 in November 2026, in line with Tata Group governance norms. He has been appointed Chairman Emeritus of the cooling products manufacturer with effect from his retirement date.
LSN India ·
Noel N Tata, who chairs the Tata Trusts, will conclude his tenure as Chairman and Director of Voltas Ltd on November 11, 2026, when he reaches the mandatory retirement age under Tata Group guidelines. Following his retirement the next day, the board of the Tata Group subsidiary has designated him as Chairman Emeritus, according to a regulatory filing by the company.
Tata, born on November 12, 1956, will turn 70 on his retirement date. Under the provisions of the Companies Act 2013, no managing director or whole-time director can continue in office upon reaching 70 years of age. His association with Voltas, one of India's leading cooling products manufacturers, extends back to 2003.
Sunil D'Souza has been appointed as the new Chairman of Voltas, succeeding Tata. D'Souza currently serves as Managing Director and Chief Executive Officer of Tata Consumer Products Ltd, the Tata Group's FMCG division. The transition in leadership underscores the group's succession planning framework as it navigates changes across its portfolio companies.