Britannia Industries Rakshit Hargave Appointed as Chief Executive Officer

Britannia Industries has appointed Rakshit Hargave as an Additional Whole-Time Director and Chief Executive Officer, effective December 15, 2025. The appointment, made on November 5, 2025, is for a term of 5 years and is subject to member approval. Hargave previously served as CEO of Birla Opus and brings extensive consumer industry experience, including leadership roles at Beiersdorf and Hindustan Unilever.

CEO Appointment

Rakshit Hargave has been appointed as an Additional Whole-Time Director and Chief Executive Officer of Britannia Industries. The board approved the appointment on November 5, 2025, based on the recommendation of the Nomination and Remuneration Committee. This role will be designated as Executive Director and Chief Executive Officer.

Appointment Details

The appointment is for a term of 5 years, subject to the approval of the company’s members. Hargave’s tenure will begin on December 15, 2025, the date he joins the company.

Rakshit Hargave’s Background

Prior to joining Britannia, Rakshit Hargave held the position of Chief Executive Officer at Birla Opus. He is a veteran in the consumer industry, bringing experience from roles at Beiersdorf (makers of NIVEA) in ASEAN and ANZ regions, as well as serving as Managing Director of Nivea India. Previous companies include Hindustan Unilever, Kimberly Clark Lever, and Lakme Lever.

Earlier Career

Hargave also contributed to Jubilant Foodworks, where he launched the Domino’s Pizza 30 minutes guarantee delivery model. He began his career at Tata Motors before joining Nestle India. Academically, he holds an MBA from the Faculty of Management Studies, Delhi, and a degree in Electrical Engineering from the Indian Institute of Technology, Varanasi. He is also a recipient of the Distinguished Young Alumni Award from IIT Varanasi.

Source: BSE

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