GILLETTENSEGillette India Limited· Personal CareHighNeutral
Announced Wed, 27 May · 13:31 IST

Gillette India Limited has informed the Exchange regarding Appointment of Mr Ashwath Rao as Chief Financial Officer of the company w.e.f. July 01, 2026.

Cfo ResignedKmp ResignedManagement Changes View source PDF

GILLETTE · price

Loading chart…

▲ 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
+1.4%1-day move
₹7909.00
prior close
₹8298.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.2-0.3-0.4+1.4-1.2-2.1-2.3-2.2-3.8-1.0-4.4+0.4
Up moveDown movePending
AI summary

Gillette India announced multiple leadership changes at its May 27, 2026 board meeting. Ms. Srividya Srinivasan has resigned as Executive Director and Chief Financial Officer effective June 30, 2026, due to internal moves and transfers planned by the company. She will continue as Vice-President Finance and head of the finance department. Mr. Ashwath Rao, currently leading corporate finance for P&G India legal entities, has been appointed as the new CFO effective July 1, 2026. Additionally, Mr. Krishnamurthy Iyer was appointed as Independent Director for five years (effective June 1, 2026), and Mr. Ghanashyam Hegde was appointed as Non-Executive Director (effective July 1, 2026).

Likely market impact

The CFO transition appears planned and smooth as the outgoing CFO will remain in a senior finance role. The appointment of an internal P&G finance leader suggests continuity in financial stewardship, which should be neutral to positive for shareholders.