Campus Activewear Appoints Rakesh Thakur as CFO & KMP

Campus Activewear Limited has announced the appointment of Mr. Rakesh Thakur as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The decision was approved by the Board of Directors on August 17, 2026, with immediate effect. Mr. Thakur brings over 22 years of professional experience across leading consumer and multinational organizations, including Imagine Marketing Limited (boAt), Hindustan Unilever Limited, and GlaxoSmithKline Consumer Healthcare.

Key Management Appointment at Campus Activewear

Campus Activewear Limited has officially appointed Mr. Rakesh Thakur as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This significant appointment was formalized by the company’s Board of Directors during a meeting held on August 17, 2026. The board’s decision, based on the recommendations of the Nomination & Remuneration Committee and the Audit Committee, is effective immediately.

Experienced Financial Leader Joins

Mr. Rakesh Thakur is a seasoned finance professional with a wealth of experience spanning over 22 years. His background includes leadership roles at prominent consumer and multinational companies. Prior to joining Campus Activewear, he served as the Group Chief Financial Officer for Imagine Marketing Limited (boAt), where he played a pivotal role in driving financial and strategic initiatives, contributing to profitable growth and improved EBITDA. He also held senior leadership positions at Hindustan Unilever Limited, GlaxoSmithKline Consumer Healthcare, Samsung India, and PepsiCo, gaining extensive experience in P&L management, business finance, supply chain finance, and M&A activities.

Board Authorizes KMPs for Disclosure Decisions

In line with regulatory requirements, the Board of Directors has also authorized specific Key Managerial Personnel (KMPs) to determine the materiality of events or information for disclosures to stock exchanges. These authorized personnel include:

  • Mr. Hari Krishan Aggarwal (Chairman & Managing Director)
  • Mr. Nikhil Aggarwal (Whole-time Director & CEO)
  • Mr. Rakesh Thakur (Chief Financial Officer)
  • Ms. Archana Maini (General Counsel & Company Secretary)

The detailed disclosure regarding this appointment, as required under SEBI (LODR) Regulations, 2015, has been provided as an annexure to this announcement.

Source: BSE

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