Tata Sons Plans Reappointment Boosting Investment Shares

Shares of Tata Investment Corporation rallied as much as 13% to Rs 727.40 on the BSE Thursday after The Economic Times reported Tata Sons is preparing an extraordinary general meeting to reappoint N. Chandrasekaran as executive chairman for a third term, likely to be approved next week. Tata Sons holds a 68.51% stake; TCS will also present an AI pivot to the Tata Sons board amid market concerns.