Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about changes in SMP
Awaiting price reaction for this filing.
Bata India has informed the stock exchanges about two changes in its senior management team. Mr. Ashish Bansal, Head – Internal Audit, has resigned to pursue career opportunities outside the company, with his last working day being May 30, 2025. Mr. Ankur Kohli, Head – Real Estate & Business Development, has been moved out of the SMP list due to an internal organisational restructuring or role change, effective May 28, 2025. Both changes are part of routine senior-level transitions and are not at the board or Key Managerial Personnel level.
These are mid-to-senior management transitions and not board-level or CEO/CFO changes, so they are unlikely to materially affect the stock price. Shareholders should note the exit of the Head of Internal Audit as a routine leadership change, while the Real Estate head's movement reflects an internal restructuring.