Mumbai, Nov. 11 -- In a filing to the stock exchanges, Britannia said Berry submitted his resignation on

6 November 2025 and proposed to serve the notice period as per his contract. However, the board accepted his resignation and waived off the notice period, relieving him from duties effective 10 November 2025. The board placed on record his contributions and wished him success in his future endeavours.

The company also announced the appointment of Rakshit Hargave as the new managing director and chief executive officer, effective 15 December 2025. Until then, N. Venkataraman, executive director and chief financial officer, will hold additional charge as CEO.

Hargave previously served as CEO of Birla Opus, the paints venture of Grasim...