Change in Director / Key Managerial Personnel
Nature of change: Internal management restructuring leading to changes in Senior Management Personnel categorization.
Appointment Details:
- Mr. Herjit S. Bhalla appointed as "Chief Executive Officer - India Business" with effect from April 23, 2026
- Will report to Global Chief Executive Officer
Cessation of Senior Management Status:
Three executives ceased to be Senior Management Personnel of the Company but continue to be associated in their respective roles:
- Mr. Rehan Hasan, Executive VP - Sales (now reports to Mr. Herjit S. Bhalla)
- Mr. Sriram Padmanabhan, Director - Healthcare (now reports to Mr. Herjit S. Bhalla)
- Mr. Abhishek Jugran, Director - HPC & Foods (now reports to Mr. Herjit S. Bhalla)
Effective Date: The changes were effective from Wednesday, January 29, 2026 [as per Annexure A, though the appointment date appears inconsistent with the main text].
Board Approval: The changes were approved by the Board of Directors at its meeting held on Wednesday, July 29, 2026, which commenced at 2:00 PM and concluded at 4:30 PM.
Regulatory Compliance: The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 (last updated on January 30, 2026).
Filing Details:
- Date: July 29, 2026
Any Other Material Information
The company confirmed that the three executives who ceased to be Senior Management Personnel continue to be associated with the Company in their respective roles, indicating no loss of operational capacity despite the organizational restructuring.