Titan Company Limited has informed the Exchange regarding Appointment of Mr Puneet Chhatwal as Non- Executive Director of the company w.e.f. August 28, 2025.
TITAN · price
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Titan Company has appointed Mr. Puneet Chhatwal as an Additional (Non-Executive, Non-Independent) Director on its board with effect from August 28, 2025. He joins the board as a nominee of Tata Sons Private Limited, one of Titan's co-promoters. Mr. Chhatwal currently serves as the Managing Director and CEO of Indian Hotels Company Limited (IHCL), where he has led a notable turnaround since November 2017. He is not related to any existing director, KMP, or promoter of Titan, and is not debarred from holding directorship by SEBI. Shareholder approval will be sought via postal ballot in due course.
This is a routine board-level appointment by a co-promoter and is unlikely to have any material impact on Titan's operations or stock price. It signals continued Tata Group oversight at the board level.