Dear Sir, Please find attached our disclosure regarding change in Directors and Key Managerial personnel of the Company
GILLETTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gillette India announced multiple board changes effective June-July 2026. Mr. Krishnamurthy Iyer (a chartered accountant and company secretary with 40+ years of experience including senior roles at Walmart, AS Watsons, and ANZ Grindlays) has been appointed as an Independent Director for five years from June 1, 2026. Mr. Ghanashyam Hegde (a B.Com, LL.B, CS-qualified legal professional currently VP & General Counsel at P&G India) has been appointed as a Non-Executive Director from July 1, 2026. Simultaneously, Ms. Srividya Srinivasan is resigning as Executive Director and CFO effective June 30, 2026, citing internal moves and transfers, though she will remain as VP Finance (Finance Head). Mr. Ashwath Rao, currently leading corporate finance for P&G India legal entities, takes over as CFO from July 1, 2026.
The resignation of the CFO and Executive Director followed by an internal appointment of her replacement suggests an internal restructuring rather than a governance concern. The addition of two new directors (one independent, one non-executive) strengthens the board. The stock is likely to see neutral-to-mild positive reaction given the orderly transition.