The National Stock Exchange (NSE), in a clarification on Sunday, mentioned media experiences and market rumours suggesting that Chauhan is into consideration for the Tata Sons chairman’s place “aren’t primarily based on any data obtainable with the change”.
“Chauhan has categorically denied such experiences and confirmed that they’re speculative and factually incorrect,” NSE mentioned.
In response to the change, Chauhan has confirmed that “he stays totally dedicated to his tasks at NSE and to the continued IPO and itemizing technique of the Firm”.
The clarification got here in reference to a report titled “Tata Sons succession race narrows to Narendran, Agarwal; Chauhan emerges as darkish horse” dated September 5.