Trent Names Bahram Vakil to Succeed Noel Tata as Chairman

Trent Ltd said Noel Tata will step down as its chairman and director on November 11, 2026, with Bahram Vakil appointed to succeed him the following day. The company also said Tata will become chairman emeritus from November 12. The leadership changes were announced in a stock-exchange filing. Trent said its board had adopted Tata Group Governance Guidelines covering board composition, committee structures and director retirement. The filing described Tata’s association with the retailer as spanning nearly three decades, dating to 1997, and recorded the board’s appreciation for his contribution. Vakil, a co-founder of law firm AZB Partners, is due to take over as chairman on November 12. His professional work has included restructuring, bankruptcy, infrastructure and project finance, according to the report. He holds a Master of Laws degree from Columbia University and is qualified to practise in India and New York. The filing also announced two board appointments effective October 30, 2026. Rajiv Dube was appointed an additional nonexecutive, nonindependent director, subject to shareholder approval. Kalpana Merchant was appointed an additional independent director for a term...