Britannia Industries announced on Thursday, March 6, that Rajneet Singh Kohli, the Chief Executive Officer (CEO) and Executive Director of the fast-moving consumer goods (FMCG) company, has resigned. Kohli’s last working day will be March 14, 2025. In his resignation letter, he stated that he is stepping down to explore external opportunities. Kohli took on the role of CEO on September 26, 2022.
The company’s Board of Directors acknowledged Kohli’s resignation through a Circular Resolution passed on March 6, 2025, confirming that he will be relieved of his duties at the close of business on March 14, 2025. In February, Britannia’s Chief Marketing Officer, Amit Doshi, also resigned after a three-year tenure with the company.
Kohli joined Britannia as CEO in September 2022, having previously held leadership positions at Domino’s India, Asian Paints, and Coca-Cola Co. The company exceeded third-quarter profit expectations in February, benefiting from price increases and a recovery in rural demand. Britannia, known for its ‘Jim Jam’ and ‘NutriChoice’ biscuits, reported a 5% rise in consolidated net profit to ₹582 crore for the quarter ending December 31. Following the announcement of Kohli’s resignation, Britannia’s shares fell by 0.58% to ₹4,692.85 on the BSE before market close.
