Announced Tue, 24 Mar · 13:17 IST

Aditya Birla Lifestyle Brands Limited has informed the Exchange regarding outcome of Board Meeting held on March 24, 2026 - Change in Company Secretary & Compliance Officer

Kmp ResignedManagement Changes View source PDF

ABLBL · price

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Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹91.50
prior close
₹92.71
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.0-0.0-0.2+2.1-0.4-3.6+2.2+2.4+7.1+14.8+15.0+12.0+9.6
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AI summary

The Board of Aditya Birla Lifestyle Brands Limited, at its meeting on March 24, 2026, approved the cessation of Ms. Sonia Bhandari as Interim Company Secretary and Compliance Officer, effective from the close of business on April 19, 2026. In her place, Mr. Rameez Shaikh has been appointed as the new Company Secretary, Compliance Officer, KMP, Senior Management Personnel, and Nodal Officer, effective April 20, 2026. Mr. Shaikh brings 16+ years of experience in corporate secretarial, legal, and compliance roles, currently serving as Company Secretary & Head – Legal at Safari Industries India Ltd. The transition is orderly with a one-day gap, and no governance red flags were indicated.

Likely market impact

This is a routine KMP transition with no impact on operations or shareholders. Mr. Shaikh's strong credentials, including prior listed-company experience at Raymond, Cipla, and Safari Industries, suggest a smooth compliance handover.