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Dabur Elevates Herjit Bhalla to Board as Mohit Malhotra Steps Down as CEO
Sentiment: NeutralHigh Priority
What Happened?
Herjit Bhalla has been appointed as a whole-time director on Dabur India's board, effective November 14, following Mohit Malhotra's resignation as CEO. Bhalla will continue to lead the India business.
Key points
- Herjit Bhalla's appointment is subject to regulatory approvals.
- Mohit Malhotra resigns effective November 13 to pursue personal interests.
- P D Narang will continue as group director – corporate affairs.
- Dabur reported an 11.7% rise in net profit to ₹506 crore in Q2FY27.
- The company's net sales grew 11.6% to ₹3,563 crore compared to last year.
Key insights
- Bhalla's leadership is expected to strengthen Dabur's position in the Indian market.
- The transition aims to clarify leadership roles and ensure continuity in operations.
- Dabur's strong financial performance indicates resilience in a challenging market.
Why it matters
This leadership change may influence Dabur's strategic direction and growth in the FMCG sector.
Entities
Dabur India· CompanyHerjit Bhalla· PersonMohit Malhotra· PersonP D Narang· Person
Source
Business Standard
