Emami Limited Announces Senior Management Changes with New Chief Growth Officer Appointment
Emami Limited announced senior management changes effective March 25, 2026, appointing Dhruv Aggarwal as Chief Growth Officer to replace Giriraj Bagri who resigned. Aggarwal brings 20 years of experience including 13 years as Partner at Bain & Company in consumer and retail practice. The changes were disclosed under SEBI regulations with Bagri serving notice period for smooth transition.

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Emami Limited has announced significant changes in its senior management team, with the appointment of a new Chief Growth Officer effective March 25, 2026. The company disclosed these changes under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Leadership Transition Details
The management changes involve two key personnel in the Chief Growth Officer position:
| Position | Outgoing Personnel | Incoming Personnel |
|---|---|---|
| Chief Growth Officer | Shri Giriraj Bagri (Resigned) | Shri Dhruv Aggarwal (Appointed) |
| Effective Date | March 25, 2026 | March 25, 2026 |
| Transition Period | Notice period to be served | Immediate appointment |
New Appointee Profile
Shri Dhruv Aggarwal brings substantial expertise to his new role as Chief Growth Officer. His educational background includes:
- Post Graduate Degree in Business Management from IIM Bangalore
- Undergraduate degree from University of Illinois at Urbana Champaign
Aggarwal's professional experience spans 20 years in growth strategy consulting and project management. He spent 13 years at Bain & Company, where he served as a Partner in their consumer and retail practice, providing him with relevant industry experience for his new role at Emami.
Outgoing Executive Details
Shri Giriraj Bagri resigned from his position as Chief Growth Officer on March 25, 2026. In his resignation communication, Bagri expressed gratitude for the opportunity provided by Emami and confirmed his commitment to serving the notice period to ensure smooth transition for the new incumbent.
Regulatory Compliance
The disclosure was made in accordance with SEBI regulations and the master circular dated January 30, 2026. Company Secretary and Compliance Officer Ravi Varma signed the regulatory filing, ensuring all required information was provided to both National Stock Exchange of India Limited and BSE Limited.
The transition reflects Emami's commitment to maintaining strong leadership in key growth-focused positions while ensuring regulatory compliance and smooth operational continuity.
Historical Stock Returns for Emami
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.38% | -2.02% | -14.70% | -29.26% | -31.65% | -20.02% |
What specific growth strategies might Dhruv Aggarwal implement given his Bain & Company consulting background in consumer and retail practices?
How could this leadership change impact Emami's market expansion plans and competitive positioning in the FMCG sector?
Will Aggarwal's appointment signal a shift toward more aggressive digital transformation or international market penetration for Emami?

































