Britannia Industries Limited has officially announced that Mr. Rakshit Hargave has assumed charge as the Chief Executive Officer and Managing Director of the company with effect from December 15, 2025. The development marks a significant leadership transition at one of India’s leading FMCG companies.
The appointment follows the decision taken by Britannia’s Board of Directors at its meeting held on November 10, 2025. At that meeting, based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Hargave as CEO and Managing Director for a term of five years. His tenure is effective from the date he formally joined the company, which is December 15, 2025.
In a regulatory filing, the company confirmed that Mr. Rakshit Hargave, holding DIN 03406793, has now formally taken charge of the office. The intimation is in continuation of Britannia’s earlier disclosure made on November 10, 2025, informing shareholders and stakeholders about the leadership appointment.