Global CEO Mohit Malhotra resigns; Herjit Singh Bhalla appointed India CEO

CEO resignedExternal CEO appointedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

DABUR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹393.00

prior close

₹402.00

announcement price

After-mkt

timing

Nifty Midcap 150market+1.9%-3.7% vs market

Personal Care peers, median of 14sector+1.7%-3.5% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Midcap 150 and 3.5 pts less than its Personal Care peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-3.1

15m

-3.1

30m

-3.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8+1.9-3.7+1.7-3.5

Next day

-3.2pendingpending-0.2-3.0

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15d

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UpDownMarket · Nifty Midcap 150Sector · Personal Care peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Global CEO and whole-time director Mohit Malhotra will leave Dabur Nov 13, 2026 for an overseas role. Herjit Singh Bhalla becomes CEO-India Business and whole-time director Nov 14, subject to approvals. KMP and compliance officer Ashok Kumar Jain retires Nov 30; CFO Ankush Jain becomes compliance officer Dec 1. Gopal Krishna Jain joins board Dec 31, subject to shareholder approval. Romesh Sobti becomes lead independent director Jan 1.

Likely market impact

The leadership transition may weigh on sentiment, but a planned handover and continuing CFO support stability. Shareholder approval is pending.