PGHHNSEProcter & Gamble Hygiene and Health Care Limited· Personal CareHighPositive
Announced Mon, 23 Jun · 15:18 IST

Procter & Gamble Hygiene and Health Care Limited has informed the Exchange regarding Appointment of Mr. Gaurav Bhartia as Chief Financial Officer of the company w.e.f. July 01, 2025.

Cfo ResignedKmp ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Procter & Gamble Hygiene and Health Care Limited has announced a change at the CFO position. Ms. Mrinalini Srinivasan, the current CFO, has resigned effective end of business on June 30, 2025, to pursue other interests outside P&G. The Board has appointed Mr. Gaurav Bhartia as the new CFO effective July 1, 2025, ensuring a smooth transition with no gap. Mr. Bhartia is an internal candidate who currently leads Sales Finance for P&G India and has over a decade of experience across multiple categories and markets within P&G. He holds a B.Tech from NIT Trichy and is an IIM Bangalore graduate who joined P&G full-time in 2014.

Likely market impact

This is an orderly, planned internal succession and should be viewed as neutral to mildly positive for shareholders, as a homegrown finance leader with deep P&G experience takes charge. No governance concerns are indicated, and the seamless handover reduces execution risk.