Pursuant to Regulation 30 read with Clause 12 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015 and the SEBI Master Circular, please find enclosed the Notice of Postal Ballot dated 10th February, 2026 seeking approval of the Members by way of an Ordinary Resolution for Appointment of Mr. Rakshit Hargave (DIN: 03406793) as the Chief Executive Officer and Managing Director of the Company, not liable to retire by rotation, for a term of 5 (five) years with effect from 15th December, 2025 to 14th December, 2030 (both days inclusive).
BRITANNIA · price
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Britannia Industries has issued a Postal Ballot notice dated 10th February 2026 seeking shareholder approval for the appointment of Mr. Rakshit Hargave (DIN: 03406793) as the Chief Executive Officer and Managing Director of the company. The appointment is for a fixed term of 5 years, from 15th December 2025 to 14th December 2030, and he will not be liable to retire by rotation. Shareholders are being asked to pass an Ordinary Resolution to approve this appointment. The effective start date (December 15, 2025) indicates Mr. Hargave has already assumed the role and is awaiting formal shareholder ratification.
This is a formal shareholder ratification of an executive appointment already in place. The 5-year term provides leadership continuity at the top. Investors should review Mr. Hargave's background and track record, as CEO transitions at large FMCG companies can influence strategic direction and operational execution.