Britannia CEO Rajneet Kohli Resigns: Fast-moving consumer goods (FMCG) Britannia CEO Rajneet Kohli Resigns. Ranjit said that he has left the company for a better opportunity. Kohli became the CEO of Britannia on 26 September 2022. March 14 will be his last day in the company.
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Britannia Limited Said On Britannia CEO Rajneet Kohli Resigns
Today, Thursday, March 6, Britannia Limited said, ‘The Board of Directors of the company has accepted the resignation of Rajneet Singh Kohli and he will be relieved from the services of the company after working hours on 14 March.
Britannia CEO Rajneet Kohli Resigns: Kohli has worked in Asian Paints and Domino’s
Before becoming CEO of Britannia, Kohli has held leadership positions at Jubilant Foodworks, Popeyes, Dunkin, Asian Paints, Coca-Cola and Domino’s India. Earlier in February, Britannia CMO Amit Doshi resigned from his post after a 3 three-year stint at the biscuit maker.
The Board of Directors of the Company, vide Circular Resolution passed today, ie, 6th March, 2025, has noted the resignation of Rajneet Singh Kohli and he shall be relieved from the services of the Company with effect from close of business hours on 14th March, 2025,” the company said. Kohli joined as Britannia’s CEO in September 2022 and previously held leadership roles at Domino’s India, run by Jubilant Foodworks, Asian Paints and Coca-Cola Co-Operation.
Britannia Industries CEO Rajneet Kohli resigns.#Britannia #RanjeetKohli pic.twitter.com/3uaByUg9C8
— Icons of India (@ICONSIndiaIN) March 6, 2025
Britannia Q3 Result
The company, which sells biscuits like Jim Jam and NutriChoice, reported a profit of Rs 582 crore in the third quarter of FY 2024-25. It has increased by 5% on an annual basis. During the October-December quarter, the company has generated a revenue of Rs 4,592.62 crore. It has increased by 7.90% on an annual basis.
Share Performance
After the news of resignation from the company, the company’s stock closed at 4,690 today, Thursday, March 6, down 0.68%. The company’s stock has fallen 5.37% in the last one month, 19.74% in six months and 3.91% in one year. Britannia’s market cap is Rs 1.13 lakh crore.
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