Announced Fri, 21 Aug · 08:58 IST
CEO change: Narasimhan exits, Anandani appointed
COLPAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹1910.00
prior close
₹1907.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.7-0.6-0.6-1.6-2.1-2.0-3.3-4.2-3.3-5.9-1.6——
Up moveDown movePending
AI summary
The board noted Ms. Prabha Narasimhan's resignation as Managing Director and CEO, effective September 27, 2026, following her promotion to Executive Vice President, Marketing, Asia-Pacific, at Colgate-Palmolive. Mr. Manish Anandani will succeed her from September 28, 2026 for five years, subject to shareholder and statutory approvals. He joins from Kenvue and has 30 years of experience.
Likely market impact
The planned handover supports continuity. Investors will watch shareholder approval, Anandani's strategy and the stock's reaction to the leadership change.