BRITANNIANSEBritannia Industries Limited· Food And Food ProcessingMediumNeutral
Announced Tue, 31 Mar · 18:59 IST

Britannia Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on 31st March, 2026.

Management Changes View source PDF

BRITANNIA · price

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Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹5419.50
prior close
₹5520.00
base price
After-mkt
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-0.5-0.3+0.2-0.6+0.9+2.2+2.0+3.3+0.9+2.8+5.7+7.0-4.6-3.1
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AI summary

Britannia Industries' Board, at its meeting on March 31, 2026, approved the re-appointment of Mr. N. Venkataraman as Executive Director and Chief Financial Officer for a fresh 4-year term starting July 30, 2026 to July 29, 2030, subject to shareholder approval. Venkataraman has over 38 years of experience and has been with Britannia since April 2007, heading Finance, Business Commercial, Legal, and Secretarial functions. Separately, Mr. Ramamurthy Jayaraman has been promoted from General Manager – Corporate Finance to Vice President – Corporate Finance, effective April 1, 2026. Jayaraman is a qualified Chartered Accountant and Company Secretary with about 22 years of experience, the last 15 of which have been at Britannia.

Likely market impact

This is a continuity announcement — the existing CFO is being retained for another term and a senior finance executive is being promoted internally. No change in leadership or governance concerns; unlikely to have a material impact on the stock price.