Trent: Noel Tata to retire as Chairman, Bahram Vakil named successor

Management change
Miscellaneous

Blacklitt Research29 October 20262 min read

Trent (NSE: TRENT) said in a filing on 29 Oct 2026 that Noel N. Tata will retire as Chairman and Director effective close of business on 11 Nov 2026, and that Bahram Vakil will become Chairman from 12 Nov 2026. The Board also approved two director appointments.

Chairman succession and the retirement

Noel N. Tata will retire from the office of Chairman and Director with effect from the close of business hours on 11 Nov 2026, under the Tata Group Governance Guidelines. The Board has appointed him Chairman Emeritus from 12 Nov 2026.

Bahram Vakil has been appointed Chairman of the company from 12 Nov 2026.

Two new directors and an independent director term

Rajiv Dube has been approved as an Additional Director (Non-Executive, Non-Independent) from 30 Oct 2026, subject to shareholder approval. He is an engineer and post-graduate in Business Management who began at Tata Motors and later served on the Aditya Birla group board for nearly nine years.

Kalpana Merchant has been approved as an Additional Director from 30 Oct 2026 and as an Independent Director for three years, from 30 Oct 2026 up to 29 Oct 2029, subject to shareholder approval. She is a legal professional with over 45 years of experience and a qualified solicitor.

What the director changes mean for Trent's shareholders

The changes alter the board's leadership and composition, with two appointments and an independent director term awaiting shareholder approval. The filing does not state who will fill the seat left by Mr. Noel N. Tata as a director beyond the Chairman appointment, nor the shareholder approval date or the remuneration of the new directors.

The next dated steps are the Chairman handover on 12 Nov 2026 and the shareholder vote on the two new directors and the independent director term.

At a glance

Item	Detail
Retiring Chairman	Noel N. Tata, retires effective close of business 11 Nov 2026
Chairman Emeritus	Noel N. Tata, from 12 Nov 2026
New Chairman	Bahram Vakil (DIN: 00283980), from 12 Nov 2026
Additional Director	Rajiv Dube (DIN: 00021796), from 30 Oct 2026, subject to shareholder approval
Independent Director	Kalpana Merchant (DIN: 00827907), 30 Oct 2026 to 29 Oct 2029, subject to shareholder approval
Board meeting	29 Oct 2026, 12.15 p.m. to 3.45 p.m.

Reference: Original filing (PDF)

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