Business Economy


Sunil Alaric D’Souza to be Voltas Chairman as Noel Tata retires

Mumbai, Nov 11 (UNI) Tata Group company Voltas officially informed the stock exchange here on Wednesday that present Tata Consumer Products MD & CEO Sunil Alaric D’Souza will take over as Voltas Chairman from Thursday, November 12, 2026, after Noel Tata retires as Chairman and Director of Voltas on Wednesday.
Noel Tata stepped down as Voltas Chairman at the close of business hours on Tuesday, November 11, after reaching retirement age at 70.
Noel Tata will be Chairman Emeritus of Voltas from Wednesday, November 12, 2026, according to the company statement.
According to the company statement, Noel Tata has been associated with Voltas since 2003. The company credited his leadership and guidance with contributing to its growth and market position.
Noel Tata’s successor Sunil Alaric D’Souza currently serves as MD & CEO of Tata Consumer Products and is a director on the Voltas board. D’Souza brings more than three decades of experience across the consumer products and manufacturing sectors.
Before joining Tata Consumer Products in April 2020, D’Souza served as Managing Director of Whirlpool India.
Earlier, D’Souza held several leadership positions during his nearly 15-year association with PepsiCo.
Sunil D’Souza began his career with Hindustan Unilever in 1993.
The Voltas board has also approved a separate leadership transition at the managing director level.
Jayant Balan, who presently serves as Head of Voltas’ Room Air Conditioner Business, has been appointed as an Additional Director and Managing Director for a five-year term beginning 25 May 2027, subject to shareholder approval.
To facilitate the transition, Balan has been redesignated as Head of the Room Air Conditioner Business and Managing Director Designate until his formal appointment takes effect.
Balan joined the Tata Group in 1999 through the Tata Administrative Service and moved to Voltas in 2001.
His experience spans manufacturing, supply chain, strategy, international operations and consumer durables. Balan has also led the company’s home appliances business.
The Voltas board has additionally approved the appointment of Venkatesalu Palaniswamy, Managing Director of Trent Ltd, as an Additional Director (Non-Independent, Non-Executive), effective from November 12, 2026, according to the company statement.
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