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GILLETTENSEGillette India Limited· Personal ProductsHighNegative
Announced Wed, 27 May, 2026 · 13:29 IST

Gillette India Limited has informed the Exchange regarding Cessation of Ms Srividya Srinivasan as Chief Financial Officer of the company w.e.f. Jun 30, 2026.

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

GILLETTE · 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
+5.6%Reaction day
₹7909.00
prior close
₹8328.00
announcement price
In-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%+5.0% vs market
Personal Care peers, median of 13sector+0.5%+5.0% vs sector

On the reaction day the stock moved 5.0 pts more than Nifty Smallcap 250 and 5.0 pts more 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
5m
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StockMarketvs marketSectorvs sector
Reaction day
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Next day
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2d
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-2.3-0.3-1.9-2.4+0.2
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+0.4+4.8-4.4-2.0+2.5
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-6.2+8.4-14.6-5.2-1.0
UpDownMarket · Nifty Smallcap 250Sector · Personal Care peers, median of 13Pending

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

AI summary

Gillette India announced multiple leadership changes effective mid-2026. Ms. Srividya Srinivasan will resign as Executive Director and CFO from June 30, 2026, due to internal transfers planned by the company, but will continue as VP Finance and head of the finance department. Mr. Ashwath Rao, currently leading corporate finance for P&G India, will take over as CFO from July 1, 2026. Additionally, the board appointed Mr. Krishnamurthy Iyer as an Independent Director for five years (effective June 1, 2026) and Mr. Ghanashyam Hegde as Non-Executive Director (effective July 1, 2026). The CFO transition appears planned and internal rather than sudden or disruptive.

Likely market impact

The CFO change is a planned internal transition within the P&G group, which typically signals stability. However, investors should note that a KMP and CFO resignation may attract attention in the short term, though continuity is maintained as the new CFO is an internal P&G veteran.