Bata India seeks govt approval for Sanjay Sarvotham Rao as MD and CEO

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Bata India Limited proposes Sanjay Sarvotham Rao as Managing Director and CEO
  • Rao served as interim Whole-time Director and CEO from August 24 to September 30, 2026
  • Permanent tenure runs from October 1, 2026, to August 23, 2031
  • Company seeks Central Government approval under Section 196 of the Companies Act
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Bata India Limited has proposed the appointment of Sanjay Sarvotham Rao as its Managing Director and Chief Executive Officer. The company is seeking approval from the Central Government for this managerial appointment under Section 196 of the Companies Act, 2013.

Rao, an Overseas Citizen of India, served as Whole-time Director and CEO from August 24, 2026, to September 30, 2026. The proposed permanent tenure as Managing Director and CEO begins on October 1, 2026, and extends until August 23, 2031.

Regulatory Compliance

The company published notices in 'Financial Express' (English) and 'Ekdin' (Bengali) on September 17, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filings were submitted to the Bombay Stock Exchange, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited.

Appointment Timeline

Role Start Date End Date
Whole-time Director and CEO August 24, 2026 September 30, 2026
Managing Director and CEO October 1, 2026 August 23, 2031

Nitin Bagaria, AVP – Company Secretary & Compliance Officer, signed the disclosure documents issued from Gurugram on September 16, 2026.

Historical Stock Returns for Bata

1 Day5 Days1 Month6 Months1 Year5 Years
+0.95%-3.69%-15.75%-6.09%-50.03%-64.72%

What strategic initiatives is Sanjay Sarvotham Rao planning to prioritize during his five-year tenure to drive growth for Bata India?

How might the Central Government's approval process under Section 196 impact the timeline for Rao's permanent appointment?

What are the expected implications of this leadership transition on Bata India's market share and competitive positioning in the footwear sector?

Bata India accepts resignation of Chief Strategy Officer Badri Beriwal

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Bata India Ltd accepted Badri Beriwal's resignation as Chief Strategy & Business Development Officer
  • Beriwal will leave the company on September 14, 2026, to pursue external career opportunities
  • He contributed to retail modernisation, digital marketing, and supply chain transformation during his tenure
  • The disclosure was made under Regulation 30 of SEBI LODR Regulations on September 9, 2026
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Bata India Limited has accepted the resignation of Badri Beriwal as Chief Strategy & Business Development Officer, effective September 14, 2026.

The footwear manufacturer disclosed the change in senior management personnel under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed with stock exchanges on September 9, 2026, at 8:15 am.

Resignation Details

Beriwal cited personal career aspirations and the desire to pursue opportunities outside the company as reasons for his departure. His tenure at Bata India concluded after he contributed to several strategic initiatives during his time with the firm.

Detail Information
Name Badri Beriwal
Designation Chief Strategy & Business Development Officer
Reason Resignation to pursue opportunities outside Bata India Limited
Last Working Day September 14, 2026
Disclosure Date September 9, 2026

Strategic Contributions

In his resignation letter addressed to the Managing Director and CEO, Beriwal highlighted his involvement in key transformation agendas. These included modernising retail operations, reimagining marketing with a strong digital focus, and driving end-to-end supply chain transformation.

The company acknowledged his contributions to its strategic journey. No immediate replacement was named in the disclosure filed with the Bombay Stock Exchange, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited.

Historical Stock Returns for Bata

1 Day5 Days1 Month6 Months1 Year5 Years
+0.95%-3.69%-15.75%-6.09%-50.03%-64.72%

Will Bata India appoint an external candidate or promote from within to fill the Chief Strategy & Business Development Officer role?

How might the departure of a key leader in supply chain transformation impact Bata's ongoing operational efficiency goals?

Are there indications that Badri Beriwal will join a direct competitor in the Indian footwear market?

More News on Bata

1 Year Returns:-50.03%