Britannia Industries Limited has announced key changes in its senior management team, with the resignation of its Vice President - Human Resources and the appointment of a seasoned industry veteran as his replacement. The company informed stock exchanges about these developments on April 17, 2026, in compliance with SEBI listing regulations.

Leadership Transition Details

Ritesh Rana, the outgoing Vice President - Human Resources, submitted his resignation on March 22, 2026, citing personal reasons to pursue an external opportunity. His resignation will be effective from the close of business hours on May 15, 2026.

New VP HR Appointment

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Srinivas Maruthi Patnam as the new Vice President - Human Resources through a circular resolution passed on April 17, 2026, at 12:25 A.M. IST. Patnam will initially serve as Vice President - Human Resources (Designate) from April 21, 2026, before assuming the full role from May 16, 2026.

Professional Background of Srinivas Maruthi Patnam

Patnam brings extensive experience to Britannia Industries, having served as Vice President & HR Head for Procter & Gamble's India business for 8 years. During his tenure, he played a pivotal role in organization redesign and capability building to support business growth.

Industry Recognition and Achievements

Patnam is a recognized HR leader with multiple industry accolades. He has been featured in the Economic Times "Top 50 HR Thought Leaders in India" for two consecutive years. His notable recognitions include:

• "Best Alumnus Achiever of the Year" from SIBM
• "Best Employer for Wellbeing" from People Matters
• "Top 10 Best Employers for Women Employees" from AVTAR
• Featured in ET World interviews as part of the CHRO Club
• Member of the FICCI HR Committee

Educational Qualifications

Patnam holds a degree in Electronics Engineering from Nagpur University and is an alumnus of Symbiosis Institute of Business Management (SIBM), Pune. His educational background complements his extensive practical experience in strategic HR, talent management, and business transformation across FMCG and consumer healthcare sectors.

The leadership transition reflects Britannia Industries' commitment to maintaining strong human resources capabilities while ensuring continuity in its strategic HR initiatives.

Britannia Industries Limited has submitted its mandatory compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Filing Details

Company Secretary and Compliance Officer Sona Rajora filed the certificate with both BSE Limited and National Stock Exchange of India Limited on April 14, 2026. The submission fulfills the company's regulatory obligations under SEBI's depositories framework.

Compliance Confirmation

The certificate was issued by KFin Technologies Limited, the company's Registrar and Share Transfer Agent, on April 9, 2026. KFin Technologies confirmed compliance with all dematerialization requirements during the specified quarter.

The registrar certified that during the period from January 1, 2026 to March 31, 2026, they responded within the mandatory 15-day timeframe for all dematerialization requests. Key compliance activities included:

• Confirmation of demat requests through approval or rejection processes
• Verification that securities in certificates were listed on appropriate stock exchanges
• Proper mutilation and cancellation of physical certificates after verification
• Substitution of depository names in the register of members for approved demat requests

Corporate Information

Britannia Industries Limited operates from its executive office in Bengaluru and maintains its registered office in Kolkata. The company's shares are traded on BSE under scrip code 500825 and on NSE under the symbol BRITANNIA.

KFin Technologies Limited, with operations center in Hyderabad and registered office in Mumbai, serves as the company's registrar and share transfer agent, ensuring compliance with SEBI's depositories regulations and facilitating smooth dematerialization processes for shareholders.