Britannia Industries has appointed N. Venkataraman as Deputy Managing Director, effective October 1, 2026. The company simultaneously announced the appointment of Ramamurthy Jayaraman as Chief Financial Officer on the same date.

Leadership changes

The board approved these key management positions to strengthen the company's leadership structure. Both appointments are scheduled to commence at the beginning of the fourth quarter of FY27.

Expanded roles and responsibilities

N. Venkataraman, who previously served as Whole-Time Director designated as Executive Director and Chief Financial Officer, will now head the Finance, Strategy, Legal, Secretarial, and IT functions. He will work alongside Rakshit Hargave, Chief Executive Officer and Managing Director, to drive the transformation agenda of the company. His tenure as Deputy Managing Director will continue for the balance period of his existing term, up to July 29, 2030, subject to approval by members.

Ramamurthy Jayaraman, formerly Vice President – Corporate Finance, assumes the role of Chief Financial Officer and Key Managerial Personnel. He will oversee the entire finance function, including financial planning and analysis, taxation, treasury, shared services, and business commercial operations.

Professional backgrounds

N. Venkataraman brings around four decades of experience and has been with Britannia since April 2007. Prior to joining the company, he headed the finance function of two-wheeler and commercial vehicle businesses at Eicher Motors Limited. He began his career at Hindustan Aeronautics Limited as a Management Trainee.

Ramamurthy Jayaraman is a qualified Chartered Accountant and Company Secretary with over 22 years of experience. He has been with Britannia for the last 15 years, performing various roles in finance. Before joining the company, he worked with PwC and Deloitte, leading audits of listed and unlisted corporates.

Britannia Industries has been assigned an ESG rating of 69.03 in the 'Leader' category by Niche Ninety Nine Capability and Certifications (OPC) Private Limited. The assessment covers the fiscal years FY25 and FY26.

The rating was issued by Niche99 ESG Ratings, a SEBI-registered Category-II ESG rating provider. The agency based its evaluation on publicly available information disclosed by the company.

Regulatory Disclosure

The company filed the disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This filing aligns with Clause 3 of Para A of Part A of Schedule III of the regulations.

The disclosure references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company became aware of the rating on September 17, 2026 at 6:49 pm.

What the Numbers Show

The 'Leader' classification places Britannia Industries at the higher end of the ESG spectrum defined by Niche99. The specific score of 69.03 reflects the company's performance across environmental, social, and governance parameters during the two-year assessment period.