Tata stocks crashed on Friday; investors lost over ₹52k crore - Will shares bounce back today amid boardroom battle?

Tata Group stocks came under heavy selling pressure on September 18, with declines of up to 10% and investor wealth erosion exceeding Rs 52,000 crore amid an escalating boardroom dispute at Tata Sons. Tata Trusts, which holds about 66% of Tata Sons, has termed the board's resolution to reappoint N Chandrasekaran as executive chairman for another five-year term as a legal nullity, with Noel Tata the sole director to vote against the proposal. Separately, the RBI has rejected Tata Sons' request to surrender its registration and retain private status, raising the prospect of a future listing and adding to governance and capital-allocation uncertainty across the group.