Vadilal Industries shares gained more than 3% in early trade on Wednesday after the company announced the appointment of Himanshu Kanwar as its new Chief Executive Officer (CEO) and Key Managerial Personnel, effective September 29, 2025. As of 9:21 AM, the shares were trading 2.60% higher at Rs 5,609.00
The board of directors approved his appointment for a five-year term, based on the recommendation of the Nomination and Remuneration Committee. The move signals a leadership refresh at the ice-cream and frozen foods major, aimed at accelerating growth and brand expansion.
Who is Himanshu Kanwar?
Kanwar is a seasoned leader with more than two decades of experience across fast-moving consumer goods (FMCG) giants and high-growth startups. He has held several senior positions at Hindustan Unilever Limited (HUL), including Business Head – Ice Creams, where he played a key role in driving category growth through acquisitions and product innovations.
He also served as Global Brand Director for HUL’s South Asia Haircare portfolio, strengthening its presence in competitive markets.
Before joining Vadilal, Kanwar was General Manager – Growth & Marketing Practice at XTO10X, where he mentored consumer businesses across industries such as beauty, food, fintech, and OTT.
An alumnus of IIM Calcutta and Delhi College of Engineering, Kanwar is widely recognized for his expertise in brand-building, digital-first strategy, and scaling consumer businesses.
