Tata Motors Appoints Shailesh Chandra as MD and CEO, Effective October 1, 2025

Tata Motors announced on Friday that Shailesh Chandra will take charge as Managing Director and Chief Executive Officer of the company from October 1, 2025. His term will run for 3 years until September 30, 2028. Chandra will also continue as the Managing Director of Tata Passenger Electric Mobility Ltd., a wholly owned subsidiary focused on electric vehicles.

Demerger and Business Structure

The company is in the process of demerging its operations into 2 separate listed entities. The commercial vehicles business and its related investments will be consolidated under TML Commercial Vehicles Ltd. The passenger vehicles division will include passenger cars, electric vehicles, Jaguar Land Rover, and associated investments.

Girish Wagh to Lead Commercial Vehicles

As part of this reorganisation, Tata Motors has appointed Girish Wagh as Managing Director and CEO of TML Commercial Vehicles Ltd., effective October 1, 2025. Wagh, who has been with Tata Motors for several years, will oversee the commercial vehicle entity once the demerger is completed.

CFO Resignation and Successor

Group Chief Financial Officer P.B. Balaji will step down on November 17, 2025. He will take over as Chief Executive Officer of Jaguar Land Rover Automotive Plc in the UK on the same date. Following his resignation, Dhiman Gupta will assume the role of Group CFO. Gupta is currently the CFO of Tata Passenger Electric Mobility Ltd.

Other Leadership Details

Chandra joined Tata Motors in 2016 and has led the electric mobility strategy since becoming President of the division. Balaji, who joined Tata Motors in 2017, previously worked at Hindustan Unilever in finance and supply chain roles. Gupta joined Tata Motors in 2023 after more than 15 years with Standard Chartered Bank.

Board Changes

The company also approved the appointment of Sudha Krishnan as an Additional, Non-Executive Independent Director for 5 years from October 1, 2025. Hanne Sorensen will continue on the Jaguar Land Rover board, while Kosaraju Veerayya Chowdary and Guenter Karl Butschek will join the board of TML Commercial Vehicles Ltd.

Read More: Maruti Suzuki Becomes World’s 8th Most Valuable Carmaker, Surpasses GM, Ford & Volkswagen!

Tata Motors Share Price Performance 

As of September 26, 2025, Tata Motors share price closed at ₹673.95, a 1.45% increase from the previous closing price.

Conclusion

These leadership changes align with Tata Motors’ restructuring plan, which separates its commercial and passenger vehicle businesses into distinct entities.

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