Key Decisions and Appointments
The Board of Directors of Bata India Limited, at its meeting held on June 18, 2026 (12:30 PM to 1:30 PM IST), based on the recommendation of the Nomination and Remuneration Committee, approved:
- Appointment of Mr. Sanjay S. Rao (DIN: 02743920) as Whole-time Director from August 24, 2026 to September 30, 2026, subject to applicable regulatory and shareholders' approvals
- Appointment of Mr. Sanjay S. Rao as Chief Executive Officer (KMP) under Section 203 of the Companies Act, 2013, effective August 24, 2026, designated as Whole-time Director and CEO
- Appointment of Mr. Sanjay S. Rao as Managing Director from October 1, 2026 to August 23, 2031, subject to applicable regulatory and shareholders' approvals, designated as Managing Director and CEO effective October 1, 2026
Transition of Current Leadership
Mr. Gunjan Shah, Managing Director and CEO (KMP), will complete his full five-year term ending on September 30, 2026. The Board placed on record its appreciation for Mr. Shah's leadership and contribution.
Director Details
Mr. Sanjay S. Rao Profile:
- MBA from INSEAD, France & Singapore
- PGDM in Management from TAPMI, India
- BE from National Institute of Engineering, Mysore, India
- Not related to any existing Director of the Company
Professional Background
Mr. Rao brings over two decades of retail and consumer leadership experience across India, South Asia, China, and Europe. He joins from Nike where he most recently served as Senior Director, Nike Retail, overseeing France and Benelux markets. Previously, he played a pivotal role in establishing Zara's business in India through its joint venture with Tata Group at Inditex, and held senior leadership positions across India, South Asia, and China. He also served as Country Director for Guess in France.
Management Commentary
Panos Mytaros, Chief Executive Officer of Bata Group: "India is one of Bata Group's most important markets and one of our biggest long-term growth opportunities. Bata India has a powerful brand, deep consumer trust, strong foundations and significant room to grow."
Ashwani Windlass, Chairman of Bata India: "We are delighted to welcome Sanjay to Bata India. His versatile background, proven track record and deep understanding of consumer and retail markets make him well suited to lead the company into its next phase of growth."
Additional Information
The disclosure is made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The information will be made available on the company's website www.bata.in.
Financial Impact
No specific financial impact quantified in the disclosure.