Britannia Industries Limited has announced the resignation of its Company Secretary and Compliance Officer, T.V. Thulsidass, effective February 5, 2026. The resignation, submitted due to personal reasons, marks the end of Thulsidass's tenure that began on October 15, 2018.

Resignation Details

Thulsidass formally submitted his resignation letter on November 8, 2025, addressing the Board of Directors and requesting relief from his duties upon completion of his contractual notice period. The company confirmed his relief from services with effect from close of business hours on February 5, 2026.

Impact on Key Positions

Following his resignation, Thulsidass will cease to hold multiple key positions within the organization. He will no longer serve as the Nodal Officer appointed under Section 125 of the Companies Act, 2013, responsible for verification of claims and coordination with the IEPF Authority. Additionally, his authorization as Key Managerial Personnel for determining materiality of events and making regulatory disclosures under SEBI Listing Regulations will also end.

Updated Authorization Structure

The company has provided updated details of Key Managerial Personnel authorized for regulatory disclosures under Regulation 30 of SEBI Listing Regulations, 2015:

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Clause 7C of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015. The disclosure was signed by N. Venkataraman, Executive Director and Chief Financial Officer, ensuring compliance with regulatory requirements for key personnel changes.

In his resignation letter, Thulsidass expressed gratitude to the Chairman, Directors, and Senior Management for their support and cooperation during his tenure as Company Secretary, Compliance Officer, Key Managerial Personnel, and Nodal Officer of the company.

Britannia Industries Ltd. witnessed significant trading activity on the National Stock Exchange (NSE) with a substantial block trade executed during the session. The transaction represents one of the notable institutional movements in the stock, highlighting active participation from large investors.

Block Trade Details

The NSE block trade recorded substantial parameters that merit attention from market participants:

Market Significance

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These transactions are conducted outside the regular market to avoid impacting the stock's market price during execution. The substantial value of Rs. 17.53 crores indicates meaningful institutional activity in Britannia Industries shares.

Trading Activity Analysis

The execution price of Rs. 5751.00 per share for approximately 30,480 shares demonstrates the scale of institutional interest in the company. Such block trades often occur when large investors are either accumulating or divesting significant positions in a stock. The transaction size suggests substantial confidence or strategic repositioning by institutional players in Britannia Industries.

Block trades of this magnitude typically attract attention from market analysts and retail investors as they can indicate institutional sentiment toward the company's prospects and valuation at current market levels.