Titan Company Share Price Surges; Appoints Sandhya Venugopal Sharma as Chairperson

Titan Company Limited has appointed Sandhya Venugopal Sharma as chairperson and additional director on its board, according to a filing made with stock exchanges on December 30, 2025.  

The appointment is based on a nomination received from Tamil Nadu Industrial Development Corporation Limited (TIDCO), which is a co-promoter of the company. 

Effective Date and Approval 

The appointment will come into effect from January 4, 2026. Titan said the decision was approved through a board circular resolution passed on December 29, 2025.  

The company will seek shareholder approval for the appointment within the period prescribed under SEBI’s listing regulations through a postal ballot. 

Change at the Chairperson Level 

Sharma will succeed Arun Roy, IAS, as chairperson of the board. Roy will continue to remain on Titan’s board as a director.  

The company stated that the change is in line with the nomination rights exercised by TIDCO, which represents the Tamil Nadu government’s stake in Titan. 

Role and Board Status 

As per the disclosure, Sharma will hold office as a non-executive, non-independent director. She will be liable to retire by rotation, in accordance with the provisions of the Companies Act and applicable listing rules. 

Administrative Background 

Sharma is a 1995-batch IAS officer of the Tamil Nadu cadre. During her career, she has held several administrative roles covering areas such as industrial development, public finance, education, and governance at both state and central levels. 

Central Deputation Experience 

Before her current role at TIDCO, Sharma was on central deputation with the Department of Space. She served as joint secretary and later additional secretary in Bengaluru from April 2019 to October 2025. Her responsibilities during this period were linked to administrative and policy functions within India’s space and science departments. 

Statutory Disclosures 

Titan stated that Sharma is not related to any of the company’s directors, key managerial personnel, or promoters. The company also clarified that she has not been restrained by any regulatory authority from holding the position of director. 

Titan Company Share Price Performance  

As of December 31, 2025, 09:47 am, Titan Company share price was trading at ₹4,015.50, a 1.04% increase from the previous closing price. 

Read More: Tata Group Stocks Recap 2025: How Did TCS, Trent, Titan, and Other Companies Perform This Year? 

Conclusion 

The appointment is a routine board-level change at Titan, with the company set to complete the remaining shareholder approval process as required under regulatory norms. 

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