Bata India: MD & CEO Gunjan Shah Completes Tenure; Sanjay Rao Appointed

Bata India Limited has announced a leadership transition. Mr. Gunjan Shah has completed his tenure as Managing Director & CEO, ceasing to hold office as MD and Director effective end of business hours on September 30, 2026. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has approved the appointment of Mr. Sanjay S. Rao as a Whole-time Director and Chief Executive Officer (KMP) from August 24, 2026, and subsequently as Managing Director from October 1, 2026, to September 30, 2031. Mr. Rao is not related to any existing director and is not debarred from holding office by any SEBI order. The company expressed appreciation for Mr. Shah's contributions.