Indo Count Industries Limited announced the elevation of Mr. Pankaj Saxena to the position of President – Retail. This appointment, effective August 12, 2026, was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. Mr. Saxena, recognized for his extensive experience in the textile industry and proven track record in driving business growth, will now oversee the company’s retail operations.
Leadership Appointment in Retail Segment
Indo Count Industries Limited has announced a significant leadership change within its organization. The Board of Directors, in its meeting held on August 12, 2026, has approved the elevation of Mr. Pankaj Saxena to the role of President – Retail. This strategic move also categorizes Mr. Saxena as a Senior Management Personnel of the Company, effective from the same date.
Experience and Impact
The appointment comes after a recommendation from the Nomination and Remuneration Committee. Mr. Saxena brings over 27 years of diverse experience across various sectors, including textiles, home textiles, apparels, and retail. His background encompasses extensive work in both B2B and B2C business environments, with a demonstrated ability to drive business growth, expand market presence, and achieve operational excellence. Currently, he leads the Domestic Retail Division, focusing on strategic initiatives and enhancing overall performance.
Strategic Importance
The company believes that Mr. Saxena’s rich industry experience, business acumen, and leadership capabilities will be instrumental in contributing to Indo Count Industries’ continued growth and long-term success, particularly within the critical retail segment.
Details of Appointment
As per the requirements under Regulation 30 of SEBI Listing Regulations, the details of the appointment, including Mr. Saxena’s brief profile and the reason for the change, are provided in Annexure I.
Source: BSE
