Gillette India Limited Announces Resignation of Independent Director C P Gurnani

Gillette India Limited has announced the resignation of Mr. C P Gurnani (DIN 00018234) as Independent Director, effective January 6, 2026. The resignation was communicated to the stock exchanges on January 7, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Gurnani cited personal reasons and increasing professional commitments as the primary factors behind his decision to step down from his position. In his resignation letter, he stated that he was unable to devote the time and attention required to discharge his duties towards the company effectively.

Parameter:	Details
Director Name:	Mr. C P Gurnani
DIN:	00018234
Position:	Independent Director
Effective Date:	January 6, 2026
Reason:	Personal reasons and professional commitments

Regulatory Compliance

In accordance with SEBI regulations, Mr. Gurnani confirmed that there are no other material reasons for his resignation beyond those mentioned in his resignation letter. The company has provided all required disclosures under Regulation 30 read with Schedule III - Para A(7B) of Part A of the SEBI Listing Regulations.

Other Directorships

Mr. Gurnani currently holds directorship positions in other listed entities, which may have contributed to his decision to resign due to increasing professional commitments.

Listed Company:	Committee Positions
Mahindra Holidays & Resorts India Limited	Stakeholders Relationship Committee - Chairperson
	Risk Management Committee - Member
	Corporate Social Responsibility Committee - Member
	Inventory Approval Committee - Chairperson

Company Statement

The resignation letter was formally communicated by Company Secretary Flavia Machado (ACS 38986) to both the National Stock Exchange of India Limited and BSE Limited. In his farewell message, Mr. Gurnani expressed appreciation for the cooperation and support received from fellow board members and management during his tenure, while wishing the company continued success and growth.

The company has fulfilled all regulatory requirements by providing comprehensive disclosure documentation, including the resignation letter and detailed reasons for the directorial change, ensuring transparency for stakeholders and regulatory compliance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.55%	-4.53%	-4.33%	-25.89%	-19.31%	+35.44%

Gillette India Limited has issued a postal ballot notice seeking shareholder approval for the appointment of Ms. Rohini Venkateswaran as Whole-time Director, following the company's positive Q2 FY2026 financial results and earlier leadership changes.

Postal Ballot Notice Details

On December 11, 2025, Gillette India Limited issued a postal ballot notice under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company is seeking shareholder approval for the appointment of Ms. Rohini Venkateswaran (DIN: 11361794) as Whole-time Director for a five-year term effective October 31, 2025.

Parameter:	Details
Notice Date:	December 11, 2025
Cut-off Date:	December 5, 2025
Voting Start:	December 12, 2025, 09:00 AM (IST)
Voting End:	January 10, 2026, 05:00 PM (IST)
Resolution Type:	Ordinary Resolution

Leadership Transition

The postal ballot follows significant leadership changes announced earlier. Mr. P.M. Srinivas stepped down from his position as Executive Director effective October 30, 2025, while continuing as Chief Human Resources Officer. Ms. Venkateswaran was initially appointed as Additional (Executive) Director by the Board on October 30, 2025, subject to shareholder approval.

Director Profile and Remuneration

Ms. Rohini Venkateswaran currently serves as Head of Sales for Gillette India Limited and brings extensive experience from her tenure with Procter & Gamble since 2005. She previously held the position of Vice President & Country Manager for Procter & Gamble Gulf, managing operations across five countries.

Remuneration Component:	Details
Fixed Compensation:	Up to ₹5.00 crores per annum
Variable Pay:	Short-Term Achievement Reward (STAR)
Long-term Incentive:	Parent company stock options/units
Additional Benefits:	P&G group policies including home loan, stock ownership plans

Financial Performance Context

The postal ballot comes on the back of strong Q2 FY2026 performance, where the company reported steady growth across both revenue and profitability metrics.

Metric:	Q2 FY2026	YoY Change
Sales:	₹811.00 crore	+4.00%
Profit After Tax:	₹144.00 crore	+8.00%

Voting Process

The company has engaged National Securities Depository Limited (NSDL) to provide e-voting facilities to shareholders. Members can vote either electronically or through physical postal ballot forms. The notice has been sent electronically to shareholders whose email addresses are registered with the company or depositories.

Management Commentary

Kumar Venkatasubramanian, Managing Director, had earlier commented on the company's integrated growth strategy focusing on daily use categories where performance drives brand choice, emphasizing superiority across product performance, packaging, brand communication, and retail execution.

The appointment of Ms. Venkateswaran as Whole-time Director represents a continuation of Gillette India's leadership strengthening initiatives as the company maintains its growth trajectory in the competitive Indian FMCG market.