Intimation for appointment of Mr. Natarajan Mayuram Venkataraman as Whole-time Director and Additional Director of the Company.
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Lotus Chocolate Company has appointed Mr. Natarajan Mayuram Venkataraman as Whole-time Director and Additional Director effective July 16, 2025, for a 5-year term subject to shareholder approval. He is an external hire with no relation to any existing director and is not barred by SEBI from holding a directorship. Mr. Natarajan brings over two decades of FMCG leadership, having served as Managing Director of Wrigley India and Mars International, and most recently as Business Head – Chocolates, Biscuits & Confectionery at Reliance Consumer Products since March 2025. He is an IIM Lucknow (PGDM) and Regional Engineering College, Nagpur graduate, with deep expertise in brand building, distribution, and supply chain. The appointment was made on the recommendation of the Nomination and Remuneration Committee.
The appointment signals a strategic push to professionalise and scale operations with a seasoned FMCG operator, potentially positive for execution and growth prospects. Shareholders will vote on his appointment at the next general meeting, and his Reliance/Wrigley/Mars pedigree could lift investor confidence in the company's chocolate and confectionery ambitions.