PGHHNSEProcter & Gamble Hygiene and Health Care Limited· Personal CareHighNegative
Announced Thu, 28 May · 13:58 IST

Procter & Gamble Hygiene and Health Care Limited has informed the Exchange regarding Resignation of Mr Gaurav Bhartia as Chief Financial Officer of the company w.e.f. Jun 30, 2026.

Cfo ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-6.6%1-day move
₹10099.00
prior close
₹10115.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.5-2.9-4.0-4.6-6.6-7.0-7.4-7.2-6.9-10.7-7.4-12.6
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AI summary

The board of Procter & Gamble Hygiene and Health Care Limited has approved multiple leadership changes effective June/July 2026. Mr. Gaurav Bhartia is resigning as Chief Financial Officer effective June 30, 2026, to take up a new assignment within P&G. Separately, Mr. Ghanashyam Hegde is resigning as Company Secretary and Compliance Officer (June 30, 2026) but being re-designated as Non-Executive Director from July 1, 2026, as he moves to a regional legal role at P&G covering India, Middle East, Turkey & Africa. To fill the CFO role, the board has appointed Ms. Srividya Srinivasan, a 20-year P&G veteran with a strong finance and MBA background, as Executive Director and CFO effective July 1, 2026 for a five-year term.

Likely market impact

The CFO change is smooth with an immediate internal successor, minimising operational risk. The Company Secretary transition is also internal, suggesting routine restructuring within the P&G group rather than governance concerns.