HUHTAMAKINSEHuhtamaki India LimitedMediumNeutral
Announced Wed, 18 Mar · 18:29 IST

Huhtamaki India Limited has informed the Exchange regarding Appointment of Mr Vinit Mahadevan as Executive Director of the company w.e.f. March 18, 2026.

Management Changes View source PDF

HUHTAMAKI · price

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹165.20
prior close
₹163.43
base price
After-mkt
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-0.4-0.2-0.1+0.2-1.3-7.4-2.7-0.7-6.8-1.9+12.6+14.9-0.7+12.3
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AI summary

Huhtamaki India's board, at its meeting on March 18, 2026, approved the appointment of two new Whole-time Directors for a 3-year term (March 18, 2026 to March 17, 2029), subject to shareholder approval. Ms. Ramya Mohan, currently General Counsel and VP APAC at Huhtamaki since September 2021, is a lawyer and Company Secretary with 27+ years of experience, including 10 years at Mondelez. Mr. Vinit Mahadevan, currently VP – Special Projects at Huhtamaki, is an IIM Bangalore MBA who has held senior roles at Diageo, WNS, Accenture, Britannia Industries and Citigroup. Both appointees are internal promotions and are not related to any existing director on the board. The company also notified that its 76th AGM will be held on May 8, 2026 via video conferencing.

Likely market impact

Both appointments are internal elevations rather than external hires, suggesting leadership continuity. Shareholders will get to vote on these appointments at the upcoming AGM, and any final dividend record date will be announced separately.