Aditya Birla Fashion and Retail Ltd: Succession Plans and New Appointments

Aditya Birla Fashion and Retail Ltd announced the outcomes of its board meeting on March 24, 2026. The meeting resulted in several key changes in the company's managerial personnel. Mr. Suraj Bahirwani has been appointed as the CEO (Designate) - Pantaloons and Senior Managerial Personnel with effect from April 1, 2026, and as CEO - Pantaloons with effect from October 1, 2026. Ms. Sangeeta Tanwani, the current CEO - Pantaloons, will oversee a phased leadership transition and continue as CEO till September 30, 2026. She will then support the Managing Director as an Advisor till her retirement on January 31, 2027. Mr. Marco Agnolin has been appointed as CEO - OWND! and Senior Managerial Personnel with effect from April 6, 2026. Mr. Nikhil Modha has been appointed as Chief Financial Officer (Designate) & Senior Managerial Personnel with effect from April 1, 2026, and as Chief Financial Officer & Key Managerial Personnel with effect from January 1, 2027. Mr. Jagdish Bajaj, the current CFO, will oversee a planned leadership transition until his retirement on December 31, 2026.