Dr. Urjit Patel has resigned from his position as Non-Executive Independent Director of Britannia Industries, effective October 30, 2025. The resignation is due to his new full-time assignment as Executive Director representing India at the International Monetary Fund. The Board has acknowledged his contributions during his tenure. Dr. Patel confirmed there are no other material reasons for his resignation.
Director Resignation
Britannia Industries has announced the resignation of Dr. Urjit Patel from his role as a Non-Executive Independent Director. The resignation is effective from October 30, 2025.
Reason for Resignation
Dr. Patel’s resignation is attributed to his new full-time role as Executive Director representing India at the International Monetary Fund, creating time constraints that impacted his ability to perform his duties. His resignation letter confirmed this as the primary reason.
Board’s Acknowledgment
The Board of Directors has acknowledged Dr. Patel’s resignation and expressed their sincere appreciation for the contributions he made during his tenure as a Non-Executive Independent Director. He will also cease to be a Member of the Strategy and Innovation Steering Committee of the Company following his resignation.
Confirmation of No Other Material Reasons
Dr. Urjit Patel confirmed that there are no material reasons for his resignation other than those stated, ensuring transparency in the transition.
Source: BSE
