Britannia Appoints N. Venkataraman as Deputy MD, Ramamurthy Jayaraman as CFO
Britannia Industries appointed N. Venkataraman as Deputy Managing Director and Ramamurthy Jayaraman as Chief Financial Officer, effective October 1, 2026. Venkataraman will lead Finance, Strategy, Legal, Secretarial, and IT. Jayaraman will head the Finance function, including FP&A, Taxation, and Treasury.
Changes in key management roles like Deputy Managing Director and CFO can significantly influence a company's strategic direction, financial operations, and overall governance. This makes the impact medium, as it affects critical leadership functions.
The announcement details routine management changes and appointments, which are standard corporate governance actions and do not inherently indicate a positive or negative shift in the company's performance or outlook.
Britannia Industries Limited announced significant changes in its key management positions following a Board Meeting held on September 29, 2026. Mr. N. Venkataraman, currently a Whole-Time Director and Chief Financial Officer, has been appointed as the Deputy Managing Director, effective October 1, 2026. He will continue in this role for the remainder of his existing term, which concludes on July 29, 2030. In his new capacity, Mr. Venkataraman will oversee Finance, Strategy, Legal, Secretarial, and IT functions, collaborating with Chief Executive Officer and Managing Director, Mr. Rakshit Hargave, to drive the company's transformation agenda. Consequently, he will cease to be the Chief Financial Officer.
Furthermore, Mr. Ramamurthy Jayaraman has been appointed as the new Chief Financial Officer and Key Managerial Personnel, also effective October 1, 2026. Mr. Jayaraman, who holds qualifications as a Chartered Accountant and Company Secretary, brings over 22 years of experience, including 15 years with Britannia, where he has held various finance roles. He will be responsible for the entire Finance function, encompassing Financial Planning & Analysis, Taxation, Treasury, and Shared Services, in addition to overseeing Legal and Secretarial affairs.
The Board Meeting, which commenced at 3:45 PM IST and concluded at 4:15 PM IST on September 29, 2026, also saw the recommendations of the Nomination and Remuneration Committee and the approval of the Audit Committee forming the basis for these appointments. The company has provided detailed profiles and disclosures as required by SEBI Listing Regulations.
What to do with a filing like this
Britannia Industries Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Britannia Industries Limited. Read the original for the full detail.