Britannia Industries Limited has appointed Sonny Iqbal as an Additional Non-Executive Independent Director, effective August 8, 2026. The Board of Directors made the appointment during its meeting on August 6, 2026, based on the recommendation of the Nomination and Remuneration Committee. This addition to the Board strengthens the company’s governance structure with an expert in leadership development and family enterprise advisory, bringing decades of global consulting experience to the consumer goods firm.

The Board has recommended Iqbal’s appointment as a Non-Executive Independent Director for a term of five consecutive years, from August 8, 2026, to August 7, 2031. This recommendation is subject to the approval of the Members of the Company. Britannia will circulate a Notice of the Postal Ballot in due course to seek this shareholder approval, which will subsequently be filed with the Stock Exchanges.

The appointment was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015. The disclosure also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Additionally, the company confirmed compliance with BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018/24, both dated June 20, 2018.

Sonny Iqbal (DIN: 02962053) is a global expert in Leadership Development, Organization Consulting, and Family Enterprise Advisory. He spent 27 years at Egon Zehnder, where he helped establish offices in New Delhi, Bengaluru, and Mumbai, and continues his association with the firm as a Senior Advisor. At Egon Zehnder, he co-founded and co-led the global Family Business Advisory Practice, guiding multigenerational enterprises through succession, founder transition, governance structures, and professionalization.

His work with the practice has been published in several papers, including six articles in the Harvard Business Review. He also served as Chair of the firm’s Partner Candidate Evaluation Group and as a member of its Nomination Committee. Prior to Egon Zehnder, Iqbal held key positions with the Oberoi Group across India, the United Kingdom, and the Middle East, and managed the financial and travel services business of American Express in India. He currently serves as a Senior Advisor at ChrysCapital, one of India’s largest private equity firms.

Iqbal holds a BA (Hons) from St. Stephen's College, University of Delhi, an MBA in Marketing from the University of Surrey, UK, and a Postgraduate Diploma from the Oberoi Centre of Learning and Development. The filing confirms that Mr. Sonny Iqbal is not related to any of the Directors of the Company and is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority.

Appointment Details

Britannia Industries Limited has appointed Siddharth Parakh as Head - Strategy & Business Development, effective August 3, 2026. The Board of Directors approved the appointment on August 2, 2026, based on the recommendation of the Nomination and Remuneration Committee. This leadership addition signals the company’s focus on strengthening its strategic planning and business development capabilities through experienced talent in mergers and acquisitions (M&A) and capital allocation.

The appointment was formalized via a circular resolution passed by the Board at 5:55 P.M. IST on August 2, 2026. The disclosure was made pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations, 2015'). The filing also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Appointment Details

Parakh assumes a full-time role within the organization’s senior leadership structure. His appointment aims to leverage his extensive background in corporate strategy and investment banking to drive future growth initiatives for Britannia Industries.

Professional Background

Siddharth Parakh brings over 13 years of diverse experience in Corporate Strategy, M&A, Investments, and Capital Allocation. Prior to joining Britannia Industries, he served in the Group CFO & Group Strategy Office at Tata Sons for 4.5 years. During his tenure at Tata Sons, he worked on Strategic Initiatives, Investments, and M&A across the Tata Group of Companies.

Before joining the Tata Group, Parakh worked as an Assistant Vice President in the investment banking team at Edelweiss (Nuvama). In this role, he advised Indian and global clients on M&A, Corporate Finance, and Fund Raising activities across several sectors, including consumer, new age businesses, information technology, and healthcare. He has also advised on Corporate Finance and several Marquee Transactions with organizations such as MAPE Advisory Group, Grant Thornton, and PwC.

Parakh is a Chartered Accountant and a Company Secretary. He holds a Post Graduate Diploma in Management (PGDM) from S. P. Jain Institute of Management & Research, Mumbai, and has pursued the Advanced International Finance Program from Cornell University, New York. He was recognized with the Economic Times Young Leader Award, honoring India's emerging business leaders.