India, Jan. 21 -- Deepinder Goyal has stepped down from the role of Group CEO of Eternal. Albinder Dhindsa, who currently leads Blinkit, will take over as Eternal's new Group CEO.

In a letter to shareholders, Goyal said that he will remain on the company's board as vice chairman, subject to shareholders' approval.

He said the decision to step down was driven by his desire to explore new, higher-risk ideas that do not fit the scope or risk profile of a listed company like Eternal.

"While I believe I personally have the bandwidth to continue what I am doing at Eternal, and also explore new ideas outside of it, the expectations, legal and otherwise, of a public company CEO in India demand singular focus," Goyal said in the letter.

Operat...