Key Quantitative Figures

  • Mr. Sonny Iqbal holds 1,224 equity shares in the company as beneficial owner
  • Proposed term: 5 consecutive years from 8 August 2026 to 7 August 2031
  • Remote e-voting period: 8 October 2026 (9:00 AM IST) to 6 November 2026 (5:00 PM IST)
  • Results announcement deadline: 11 November 2026 (within 2 working days of voting conclusion)
  • Cut-off date for eligibility: 2 October 2026

Dates of Action

  • Board and NRC Meetings: 6 August 2026 (approval of appointment)
  • Effective date of appointment: 8 August 2026 (if approved)
  • Postal ballot notice date: 6 August 2026
  • Filing date with exchanges: 6 October 2026
  • Remote e-voting period: 8 October 2026 to 6 November 2026
  • Results announcement: On or before 11 November 2026

Parties Involved

  • Appointee: Mr. Sonny Iqbal (DIN: 02962053)
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Registrar & Share Transfer Agent: KFin Technologies Limited
  • Scrutinizer: Ms. Anshu Agarwal (FCS No. 9921, CP No. 27897) from ANGC & Co. LLP
  • Company Secretary: Ms. Sona Rajora (ICSI Membership No.: A35468)

Purpose and Rationale

The appointment aims to enhance board quality with Mr. Iqbal's expertise in:

  • Leadership of large organizations with complex business processes and risk management
  • Visioning and strategic planning for sustainable growth in FMCG industry
  • Financial management and accounting for large organizations
  • Governance and regulatory requirements of large companies
  • Leadership development, organization consulting, and family enterprise advisory

Director Qualifications and Background

Mr. Sonny Iqbal, aged 66 years, holds:

  • BA (Hons) from St. Stephen's College, University of Delhi
  • MBA in Marketing from University of Surrey, UK
  • Postgraduate Diploma from Oberoi Centre of Learning and Development

Professional experience includes:

  • 27 years at Egon Zehnder, helping establish offices in New Delhi, Bengaluru, and Mumbai
  • Co-founded and co-led global Family Business Advisory Practice at Egon Zehnder
  • Senior Advisor at ChrysCapital
  • Previous positions with Oberoi Group across India, UK, and Middle East
  • Managed financial and travel services business of American Express in India

Current Directorships

  • Metro Brands Limited (Listed Entity)
  • Pratham Education Foundation (Section 8 company)

Committee Positions

  • Metro Brands Limited: Nomination, Remuneration and Compensation Committee (Member), Corporate Social Responsibility and Sustainability Committee (Member)

Remuneration Terms

  • Sitting fees for board/committee meetings within statutory limits
  • Commission on net profits within overall limit of 1% approved by shareholders
  • Reimbursement of expenses for attending meetings
  • Terms subject to Companies Act, Rules, Schedule V, SEBI Listing Regulations, and Articles of Association

Voting Procedures

  • Remote e-voting exclusively through NSDL platform
  • Four login methods for different shareholder categories
  • Helpdesk support available from NSDL (022-4886 7000) and CDSL (1800 21 09911)
  • Members must register email IDs with company/DPs for communication
  • Physical shareholders must submit Form ISR-1 to register email

Document Availability

  • Company website: https://www.britannia.co.in/investors/shareholders-information/general-meetings
  • NSDL website: www.evoting.nsdl.com
  • BSE and NSE websites
  • Available for inspection at registered office during working hours (9:30 AM to 5:30 PM IST)

Financial Impact

Not quantified in the disclosure. The appointment involves standard director remuneration within previously approved limits.

Capital Structure Impact

No impact on share capital structure disclosed. Mr. Iqbal currently holds 1,224 equity shares.