Britannia elevates Venkataraman to Deputy MD, appoints Jayaraman as CFO

Management Changes View source PDF Explain this filing

BRITANNIA · price

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Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹4835.00

prior close

₹4830.00

announcement price

After-mkt

timing

Nifty 100market-0.3%+0.2% vs market

Packaged Foods peers, median of 37sector-0.8%+0.7% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty 100 and 0.7 pts more than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.7

15m

-1.3

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.3+0.2-0.8+0.7

Next day

-1.2-1.2+0.0-1.7+0.6

-1.3-0.6-0.7-2.4+1.1

+0.6+0.4+0.3-1.0+1.6

-0.9-0.4-0.5-2.0+1.1

-1.8-2.2+0.4-3.8+1.9

-1.3-1.6+0.3-2.5+1.2

15d

-6.1-1.4-4.7-9.9+3.7

-4.0pendingpending-9.4+5.4

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UpDownMarket · Nifty 100Sector · Packaged Foods peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Britannia's Board approved re-designating N. Venkataraman from Executive Director and CFO to Deputy Managing Director effective 1 October 2026, for his term ending 29 July 2030. Ramamurthy Jayaraman, currently VP Corporate Finance, will take over as CFO from the same date. Jayaraman is a Chartered Accountant with over 22 years experience, including 15 years at Britannia. Venkataraman will oversee Finance, Strategy, Legal, Secretarial and IT, alongside CEO Rakshit Hargave.

Likely market impact

Smooth internal succession. Venkataraman elevated to Deputy MD; Jayaraman promoted internally to CFO. No major disruption expected.