Gillette India Limited has informed the Exchange regarding Cessation of Mr Nikunj Jain as Other of the company w.e.f. Jun 30, 2025.
GILLETTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gillette India has informed the exchanges that Mr. Nikunj Jain will step down as the Company's Head of Information Technology effective June 30, 2025, due to a change in his assignment at parent company Procter & Gamble, after which he will relocate out of India. Mr. Jai Pankaj, currently CIO for P&G Indonesia and P&G's eCommerce business across Asia, Middle East and Africa, will take over as Head of IT effective September 1, 2025, relocating back to India. Mr. Pankaj holds a B.E. from NIT Karnataka and an MBA from IIM Lucknow, with over 15 years of experience across IT leadership roles at P&G. This is a routine internal leadership transition within the P&G group with no disruption in operations expected.
This is a routine senior management transition within the P&G parent group and unlikely to materially affect shareholders or the stock. The gap between June 30 and September 1 may involve interim arrangements but signals no governance concern.