Bata India Limited has disclosed the resolution of a long-pending industrial dispute under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure, made on May 8, 2026, pertains to the outcome of litigation before the Hon'ble First Labour Court, West Bengal at Calcutta, and was communicated to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited.

Background of the Industrial Dispute

The matter originated from an industrial dispute raised by certain workmen alleging illegal termination, which was referred for adjudication to the Industrial Tribunal in 2010. The Tribunal had earlier passed an Award, which was subsequently challenged by the company before the Hon'ble Calcutta High Court. The case has thus been pending across judicial and quasi-judicial forums for an extended period.

Settlement Terms and Court Order

The Hon'ble Calcutta High Court passed an order directing the payment of a one-time compensation of Rs. 1.5 lakh per workman in full and final settlement, in lieu of reinstatement and back wages. Upon the company's compliance with this order, the First Labour Court, West Bengal at Kolkata, passed an order for dismissal of the case. The key details of the settlement are presented below:

Compliance and Documentation

Bata India confirmed that it has complied with the High Court's order by making the requisite payments. The certified true copy of the order was collected by the company on May 8, 2026. The delay in collection was attributed to elections in the state of West Bengal. The copy was certified by the Head Clerk of the Directorate of Industrial Tribunals, West Bengal, with the date of supply of the requisition noted as April 28, 2026.

Regulatory Disclosure

The disclosure was made in accordance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The filing was signed by Nitin Bagaria, AVP – Company Secretary & Compliance Officer of Bata India Limited. The company has also uploaded the disclosure on its official website. The settlement pertains solely to the workmen involved in the dispute and is categorized as not applicable with respect to any key management personnel, promoter, or ultimate person in control.

Bata India Limited has announced key changes in its senior management team, involving both a strategic appointment and a resignation that will reshape the company's leadership structure in May 2026.

New VP-HR Appointment

The company has appointed Ms. Sudakshina Ghosh as Vice President – HR, with her joining scheduled on or before May 25, 2026, subject to completion of joining formalities. This appointment represents a full-time employment arrangement as the company strengthens its human resources leadership.

Professional Background of New VP-HR

Ms. Ghosh brings extensive experience to her new role, with over 18 years of HR leadership focused on supporting business strategy and long-term organizational growth. Since 2022, she has served as Country HR Head for GSK Vietnam, demonstrating her capability in managing HR operations across international markets.

Her career progression includes progressive responsibilities with reputed organizations in the Asian Paints group and GSK group. She holds strong academic credentials with an MBA in HR and a Bachelor's degree in Engineering. Her professional profile highlights a demonstrated history of cultivating high-performance and inclusive teams to facilitate organizational success.

Senior Vice President Resignation

Concurrently, Mr. Uttam Kumar, Senior Vice President – Merchandising & Replenishment, has submitted his resignation to pursue career opportunities outside Bata India Limited. His departure is scheduled for May 1, 2026, at the end of working hours.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding changes in Senior Management Personnel. The disclosure was communicated to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited on April 28, 2026.

The company has indicated that other disclosures in terms of the SEBI Master Circular that are not applicable to these changes have not been separately commented upon, ensuring focused and relevant regulatory communication.