New Delhi, 29 October (H.S.): Noel N. Tata, chairman of Tata Group retail company Trent Ltd, will retire from his position on November 11, 2026, after 29 years of association with the company. Trent has appointed Bahram Vakil as its new chairman, effective November 12.

In a regulatory filing with the stock exchanges on Thursday, Trent said Tata would assume the role of chairman emeritus from November 12 in recognition of his contribution to the company. The board said his strategic guidance and leadership had helped strengthen Trent’s market position and drive growth. It also placed on record its appreciation for his 29 years of service, dating back to 1997.

The company said the leadership transition was in accordance with the Tata Group Governance Guidelines, which prescribe provisions relating to board composition, committees and the retirement of directors.

The board also approved the appointment of Rajiv Dube as an additional non-executive, non-independent director with effect from October 30. The appointment is subject to shareholders’ approval.

In addition, Kalpana Merchant has been appointed an additional director and an independent director for a three-year term beginning October 30, 2026. Her appointment is also subject to shareholders’ approval.

Trent operates in the fashion and lifestyle retail segment through brands such as Westside and Zudio. It also runs its food and grocery business under the Star brand.

The company reported a 25 per cent year-on-year increase in consolidated net profit to Rs. 468 crore for the July–September quarter of the financial year 2026–27. Its revenue during the quarter rose 22 per cent to Rs. 5,873 crore.

---------------

Hindusthan Samachar / Jun Sarkar