GILLETTENSEGillette India Limited· Personal CareHighNegative
Announced Wed, 27 May · 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 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
₹8328.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.6-0.6-1.0+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 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.