PGHHNSEProcter & Gamble Hygiene and Health Care Limited· Personal ProductsHighPositive
Announced Mon, 23 Jun, 2025 · 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 PDFExplain this filing

PGHH · price

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Price reactionminutes from the announcement price · days from the prior close
-0.3%Reaction day
₹13415.00
prior close
₹13400.00
announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.5% vs market
Personal Care peers, median of 12sector-0.6%+0.4% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.4 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.

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

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.