Colgate India MD and CEO change: Anandani replaces Narasimhan from Sep 28

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDF Explain this filing

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Price reaction · full curve 14 horizons · vs prior close

-1.6%1-day move

₹1910.00

prior close

₹1907.90

base price

After-mkt

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AI summary

Colgate-Palmolive India announced a change at the top. Ms. Prabha Narasimhan resigns as Managing Director and CEO effective September 27, 2026 due to her promotion as Executive Vice President Marketing, Asia-Pacific Division at parent Colgate-Palmolive. Mr. Manish Anandani, currently Managing Director India and South Asia at Kenvue (former Johnson and Johnson Consumer Health), is appointed as new MD and CEO for 5 years from September 28, 2026, subject to shareholder approval. He brings 30 years of FMCG experience and had earlier worked at Colgate-Palmolive from 2005 to 2018.

Likely market impact

Planned leadership transition. New CEO brings strong FMCG and prior Colgate experience. Narasimhan's exit reflects a parent-level promotion.