BRITANNIANSEBritannia Industries Limited· Food And Food ProcessingMediumNeutral
Announced Thu, 7 May · 21:56 IST

Pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at their Meeting held today i.e., 7th May, 2026, have inter-alia, approved the Elevation of Mr. Rahul Mahajan from National Sales Head - General Trade to Vice President Sales of the Company with effect from 1st April, 2026 and Appointment of Mr. Chitwan Singh as the Chief Business Officer - International Business of the Company with effect from 15th June, 2026.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-8.1%1-day move
₹5885.50
prior close
₹5634.00
base price
After-mkt
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-1.6-1.7-1.8-1.1-8.1-9.4-9.4-8.4-8.1-8.1-12.2-14.0-9.3
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AI summary

Britannia Industries announced two senior management changes. Mr. Rahul Mahajan has been elevated from National Sales Head - General Trade to Vice President – Sales, effective 1st April, 2026. He has over 22 years of FMCG experience and has been with Britannia for 3 years. Additionally, Mr. Chitwan Singh has been appointed as Chief Business Officer - International Business, effective 15th June, 2026. Mr. Chitwan is a re-hire, bringing 25 years of global FMCG experience including CEO-level roles at Godrej Consumer Products. Both appointments were recommended by the Nomination and Remuneration Committee and approved by the Board.

Likely market impact

These internal promotions and a strategic re-hire at the senior leadership level suggest continuity in management approach and may be viewed positively by investors as both individuals bring deep FMCG expertise to drive sales and international growth.