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Management change

Britannia Industries Whole-Time Director N. Venkataraman appointed

Britannia Industries (BRITANNIA) said N. The company is valued at about ₹1.16 lakh crore.

BCEIE News Desk · Published 29 Sept 2026, 06:59 pm IST · Filing received 29 Sept 2026, 06:43 pm IST

What happened

Britannia Industries (BRITANNIA) told the exchanges on 29 September 2026 at 06:43 PM that N. Venkataraman, Whole-Time Director, has been appointed; and Ramamurthy Jayaraman, President, has been appointed.

From the filing: "Rakshit Hargave, Chief Executive Officer and Managing Director to drive the transformation agenda of the Company.  Appointment of Mr."

Company snapshot

Britannia Industries is a large-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹1.16 lakh crore.

The stock last traded at ₹4,835, against a 52-week range of ₹4,883–₹6,271 (22.9% below the high).

Before this filing the shares had moved −6.8% over the month and −4.1% over three months. Average daily turnover over the last 20 sessions was about ₹116 crore.

Promoters held 50.55% at the end of Q1 FY27. Foreign institutions owned 13.40% and domestic institutions 20.93%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY264,622520.721.62
Q2 FY264,841654.527.17
Q3 FY264,97068028.23
Q4 FY264,719678.328.16
Q1 FY275,000591.424.55

What history shows

BCEIE's records show 7 previous management change filings from the company since May 2026.

After those filings, the stock gained 1.8% on average the next trading day and was up 2.1% on average after five days (7 filings with price data).

Across 74 similar disclosures by other Fast Moving Consumer Goods companies, shares moved −2.0% on average the next day and −2.2% over five days; 38% of them rose the next day.

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
31 Aug 2026Management change−1.8%−3.5%
6 Aug 2026Pursuant to Regulation 30 read with Clause 7 of Para A of Part A of…+4.1%+2.9%
6 Aug 2026Change in Director(s) of the company.+4.1%+2.9%
2 Aug 2026Management change+1.1%+3.8%
31 Jul 2026Re-Appointment Of Mr. N. Venkataraman (DIN: 05220857) As The…+1.1%+3.8%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.