Britannia Industries CEO Rajneet Singh Kohli Resigns, Stock Declines Ahead of Market Closing Major Leadership Shakeup: Britannia CEO Rajneet Singh Kohli Resigns
Britannia Industries, a leading fast-moving consumer goods (FMCG) company, announced on Thursday, March 6, that its Chief Executive Officer (CEO) and Executive Director, Rajneet Singh Kohli, has resigned. Kohli will officially step down from his role on March 14, 2025.
Rajneet Singh Kohli’s Exit and Leadership Background
Kohli, who took over as CEO on September 26, 2022, cited external career opportunities as the reason for his departure in his resignation letter. The Board of Directors acknowledged his resignation through a circular resolution passed on March 6, 2025.
“Mr. Rajneet Singh Kohli will be relieved from the company’s services at the close of business hours on March 14, 2025,” Britannia Industries stated in an official release.
Prior to joining Britannia, Kohli held key leadership positions at Domino’s India (Jubilant FoodWorks), Asian Paints, and Coca-Cola Co. His exit follows the recent resignation of Britannia’s Chief Marketing Officer (CMO) Amit Doshi in February, who stepped down after a three-year tenure.
About Britannia Industries
Founded in 1892, Britannia Industries Ltd. is one of India’s most trusted and recognized FMCG brands. The company is known for its diverse range of products, including biscuits, dairy products, cakes, and bread. Britannia’s popular brands include Good Day, Marie Gold, NutriChoice, Jim Jam, and Bourbon.
Headquartered in Bengaluru, India, Britannia has a strong market presence, not only in India but also in more than 60 countries globally. The company has consistently focused on innovation, product expansion, and digital transformation, making it a dominant force in the Indian FMCG sector.
Britannia’s Financial Performance & Market Reaction
Despite recent leadership exits, Britannia Industries reported a 5% increase in consolidated net profit to ₹582 crore for the quarter ending December 31, 2024, supported by price hikes and a rebound in rural demand.
The company, known for its popular biscuit brands like Jim Jam and NutriChoice, remains a key player in India’s FMCG sector. However, following the announcement of Kohli’s resignation, Britannia stock price dropped 0.58% to ₹4,692.85 per share on the BSE before market closing.
What’s Next for Britannia?
With Kohli’s exit, industry experts speculate on Britannia next leadership move and its strategy for maintaining growth momentum. The company has yet to announce a successor.
Investors and analysts will be closely watching Britannia’s future leadership appointments and operational strategies in the highly competitive FMCG market.
