Britannia Share Price Rises 1.5% After Key Senior Management Changes

Market Performance: FMCG Sector Gains Amid Broader Market Pressure

On December 16, 2025, Britannia Industries Ltd shares rose 1.5%, reflecting investor confidence following strategic leadership changes. The Nifty FMCG index extended gains for the second consecutive day, standing out as one of the few sectoral performers while broader markets traded in red.

At 10:15 am, Britannia shares on NSE were trading 1.2% higher at ₹6,113 per share, highlighting a positive market response to the company’s management restructuring.

Main News: Key Senior Management Appointments at Britannia

Britannia Industries recently announced critical leadership updates to strengthen its dairy and sales divisions:

• Subhashis Basu appointed as Chief Business Officer – Dairy, effective December 15, 2025.
  • Formerly CEO at Anik Milk.
  • Previous experience includes Prataap Snacks, Mother Dairy, and PepsiCo.
  • Known for launching iconic brands such as Quaker Oats in India and executing complex mergers and acquisitions.
• Abhishek Sinha, earlier Chief Business Officer – Dairy, is now appointed as Chief Sales Transformation Officer, effective December 15, 2025.
  • Associated with Britannia since 2005.
  • Over two decades of experience in sales and business leadership within the consumer goods sector.
• Rakshit Hargave was recently appointed as MD & CEO, taking charge in December 2025, continuing the company’s focus on strengthening leadership at the top.

Britannia emphasized that these strategic appointments aim to enhance business growth and operational excellence across its dairy and sales divisions.

Company Details: Strong Leadership Backgrounds

Subhashis Basu holds a Bachelor of Science degree in Economics from the University of Calcutta. His career track record reflects consistent success in transforming organisations and driving sustainable growth.

Abhishek Sinha, with over 20 years in the consumer goods sector, brings deep domain expertise in sales transformation and business development to his new role.

FMCG Sector Context

While Britannia and the FMCG index gained, broader indices remained subdued:

• Other sectors traded in red, with benchmark indices down roughly 0.5%.
• Tata Consumer Products rose nearly 1%, and Nestle saw minor gains.
• Godrej Consumer Products and Marico were up 1–2%.

The Nifty FMCG index has underperformed since the GST rate rationalization announcement on September 3, falling nearly 4% this year, while the Nifty 50 and Sensex gained 10% and 9%, respectively. Britannia’s positive movement today reinforces investor confidence in companies with strategic leadership planning.

Summary: Strategic Moves Drive Investor Confidence

Britannia Industries’ share price rise comes in the wake of well-calculated management changes aimed at strengthening dairy operations and sales strategy. With experienced leaders stepping into key roles, the company continues to position itself for sustained growth in the competitive FMCG landscape.

Key takeaways:

• Britannia shares up 1.5%, trading at ₹6,113.
• Subhashis Basu appointed Chief Business Officer – Dairy.
• Abhishek Sinha moves to the role of Chief Sales Transformation Officer.
• Rakshit Hargave assumes the MD & CEO role.
• Nifty FMCG index rises for the second day amid broader market weakness.