Gillette India Limited has informed the Exchange regarding Cessation of Ms Srividya Srinivasan as Executive Director of the company w.e.f. Jun 30, 2026.
GILLETTE · price
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Gillette India announced multiple board changes effective mid-2026. Ms. Srividya Srinivasan will resign as Executive Director and CFO from June 30, 2026, though she continues as VP Finance (head of finance department). Two new directors are being appointed: Mr. Krishnamurthy Iyer as Independent Director from June 1, 2026 (5-year term), and Mr. Ghanashyam Hegde as Non-Executive Director from July 1, 2026. Mr. Ashwath Rao, currently leading corporate finance for P&G India, will take over as CFO from July 1, 2026. The changes appear to be routine internal reassignments within the P&G group rather than concerns about the company's performance.
The resignation of the CFO who continues in a senior finance role suggests an internal restructuring rather than an exit. The smooth transition with an internal P&G finance leader taking over as CFO should provide continuity for investors.