Britannia Industries Ltd. has announced the appointment of Rakshit Hargave, the outgoing CEO of Birla Opus Paints, as its new Executive Director and Chief Executive Officer (CEO).
- Appointment Details: Hargave’s induction as an Additional Whole-Time Director and CEO is for a five-year term, subject to shareholder approval.
- Effective Date at Britannia: December 15, 2025.
- Reporting Structure: He will report directly to Varun Berry, Managing Director and Chairman of Britannia Industries.
- Previous Role (Birla Opus Paints/Grasim Industries): Hargave’s resignation from Birla Opus (a Grasim Industries business) as CEO is effective December 5, 2025. He was credited with building the Birla Opus Paints business from the ground up over his four-year tenure.
- Context: This is considered one of the most high-profile leadership changes in the Indian FMCG sector this year.
