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Britannia Industries has announced that its Executive Director and Chief Executive Officer, Rajneet Singh Kohli, has resigned from his position to pursue an opportunity outside the company. Kohli submitted his resignation on March 5, 2025, and the Board of Directors has accepted it through a circular resolution passed on March 6, 2025. He will be relieved of his duties at the close of business hours on March 14, 2025.
The company has enclosed a copy of Kohli’s resignation letter, which includes the reasons for his departure. According to the letter, Kohli has decided to resign to pursue an external opportunity. Varun Berry, Executive Vice-Chairman and Managing Director of Britannia Industries, expressed gratitude for Kohli’s contributions during his tenure as CEO and member of the board. Berry also wished Kohli the best in his future endeavors.
Kohli’s resignation marks the end of his tenure as CEO of Britannia Industries, a leading Indian food and beverages company. Despite the reasons for his departure not being disclosed, Kohli’s resignation is seen as a significant development in the company’s leadership restructuring. The company will now need to find a suitable replacement for Kohli, which may involve internal or external recruitment processes.
The news of Kohli’s resignation comes as a surprise, considering his strong performance as CEO. Under his leadership, Britannia Industries has seen significant growth and expansion, both nationally and internationally. However, the company’s board and management have shown understanding and respect for Kohli’s decision, wishing him well in his future endeavors. The resignation will likely have a minimal impact on the company’s operations, as the transition period is expected to be seamless.