Godrej Consumer Products Limited shareholders approved the appointment of Aasif Malbari as Managing Director and Chief Executive Officer through a postal ballot voting process concluded on October 7, 2026. The resolution secured overwhelming support, passing with a requisite majority of 99.32% votes in favour.

The appointment is effective for a period of five years starting August 12, 2026. The voting results were scrutinized by Ashish Kumar Jain, a practicing company secretary, pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting breakdown by shareholder category

The e-voting process, facilitated by Central Depository Services (India) Limited, saw participation from promoters, institutional investors, and public non-institutional shareholders. Promoters and promoter group members voted unanimously in favour of the resolution. Institutional investors showed strong support, while public non-institutional shareholders recorded near-unanimous approval.

What the numbers show

The data reveals a clear divergence in voting patterns between institutional and retail investors. While public non-institutional shareholders voted almost unanimously in favour (99.97%), public institutions registered a notable dissent rate of 2.14%, casting over 6.25 million votes against the appointment. In contrast, the promoter group voted 100% in favour, reflecting unified internal support for the leadership transition.

Godrej Consumer Products has inaugurated the first phase of its new manufacturing facility in Kendal, Indonesia. The project represents an IDR 500 billion (approx. INR 250 crore) investment to strengthen local production capacity.

Facility details and strategic intent

The new plant is located in the Kendal Special Economic Zone and marks a significant expansion for Godrej Consumer Products Indonesia (GCPI). The following table outlines the key parameters of the newly launched facility:

The first phase has been developed across 2.5 hectares of GCPI's 5.5 hectare site and is dedicated to Household Insecticides. This expansion addresses current capacity utilization of 75-80%, positioning the company to meet rising regional demand. Aasif Malbari, Managing Director & CEO, stated that the investment will expand home and personal care categories capacity by approximately 15%.

Operational capabilities and growth

Built in just over a year, the Kendal facility incorporates technology and data into its operations from the start. Rajesh Sethuraman, Business Head for Indonesia, noted that this design enables better visibility and faster decision-making, allowing the company to turn consumer insight into innovation at scale.

The investment builds on GCPI's presence in Indonesia since 2010. Since then, the business has grown 4.5 times, with brands including HIT, Stella, Mitu and NYU reaching approximately 1 in 4 Indonesian households. The facility is also intended to serve as a platform for exports around the region.

Sustainability and inclusion goals

Beyond manufacturing capacity, the project emphasizes responsible operations and social inclusion. Vaibhav Ram, Global Head of Human Resources, highlighted an ambition for women to represent 50% of the workforce, alongside opportunities for persons with disabilities. The facility integrates resource efficiency, energy visibility, biodiversity, and waste management practices into its design.