Eternal Deepinder Goyal Steps Down as Group CEO, Albinder Dhindsa Appointed

Deepinder Goyal is stepping down from his role as Group CEO of Eternal, transitioning to Vice Chairman, subject to shareholder approval. Albinder Dhindsa (Albi) will take over as the new Group CEO. This change allows Goyal to pursue new, high-risk ventures outside Eternal, while Dhindsa will focus on day-to-day execution and operations. Goyal’s financial incentives remain aligned with Eternal’s long-term success.

Leadership Change at Eternal

Eternal has announced a significant leadership transition. Deepinder Goyal will step down from the role of Group CEO and, subject to shareholder approval, will become Vice Chairman. Albinder Dhindsa (Albi) has been appointed as the new Group CEO of Eternal, effective immediately. The announcement was made on January 21, 2026.

Goyal’s New Focus

Deepinder Goyal’s decision to step down from the CEO role is driven by a desire to explore new ideas that require a higher risk appetite and are better pursued outside the structure of a public company like Eternal. He believes that Eternal deserves focused and disciplined leadership dedicated to its core business.

Albinder Dhindsa’s Role

Albinder Dhindsa (Albi), as the new Group CEO, will be responsible for day-to-day execution, operating priorities, and business decisions. His leadership of Blinkit, from acquisition to breakeven, demonstrates his ability to execute effectively. Blinkit will remain a top priority under Dhindsa’s leadership.

Commitment to Eternal

Deepinder Goyal’s financial future remains meaningfully tied to Eternal, and his incentives remain aligned with long-term shareholder value creation. All of his unvested ESOPs will revert to the ESOP pool, strengthening long-term retention without incremental shareholder dilution.

Source: BSE

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