The Board of Directors of Britannia Industries, following the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Mr. N. Venkataraman as Whole-Time Director, designated as Executive Director and CFO, for four years effective July 30, 2026. Furthermore, the Board approved the elevation of Mr. Ramamurthy Jayaraman to Vice President – Corporate Finance, effective April 1, 2026. The Board meeting took place on March 31, 2026.
Key Decisions from the Board Meeting
The Board of Directors of Britannia Industries Limited convened on March 31, 2026, between 11:00 A.M. (IST) and 4:30 P.M. (IST). The meeting resulted in the approval of significant changes concerning the company’s key executive positions, based on the recommendations of the Nomination and Remuneration Committee.
Re-appointment of Executive Director and CFO
The Board sanctioned the re-appointment of Mr. N. Venkataraman (DIN: 05220857). His designation remains Whole-Time Director, specifically as the Executive Director and Chief Financial Officer (CFO). This reappointment is for a term of four (4) years, commencing from July 30, 2026, up to July 29, 2030 (both days inclusive), subject to shareholder approval.
Profile Snapshot: Mr. N. Venkataraman
Mr. Venkataraman possesses over 38 years of rich experience and has been associated with the Company since April 2007. He currently manages the Finance, Business Commercial, Legal, and Secretarial functions, and spearheads the company’s cost efficiency initiatives.
Elevation within Corporate Finance Team
The Board also approved the elevation of Mr. Ramamurthy Jayaraman. He moves from his role as General Manager – Corporate Finance to the position of Vice President – Corporate Finance. This elevation is effective from April 1, 2026.
Profile Snapshot: Mr. Ramamurthy Jayaraman
Mr. Jayaraman is a qualified Chartered Accountant and Company Secretary with an overall experience spanning approximately 22 years. During his tenure at the Company, he has handled various roles within Finance, currently heading the Corporate Finance function, which includes Reporting, Planning, Taxation, Treasury & Shared Services.
Compliance Confirmation
The detailed particulars required under the relevant circulars concerning these changes are attached as ‘Annexure I’. The announcement confirms that both Mr. Venkataraman and Mr. Jayaraman are not related to any of the Directors and are not debarred from holding office.
Source: BSE
