StockWatch
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Personal Care
Management Change11 Aug 2026, 03:48 pm

GCPL Appoints Aasif Malbari as MD & CEO; Sudhir Sitapati Resigns

AI Summary

Godrej Consumer Products Limited (GCPL) announced significant management changes following a Board of Directors meeting held on August 11, 2026. Mr. Aasif Malbari has been appointed as the new Managing Director & Chief Executive Officer for a term of five years, effective August 12, 2026, subject to shareholder approval. Concurrently, Mr. Malbari has resigned from his position as Chief Financial Officer. The company also accepted the resignation of Mr. Sudhir Sitapati as Managing Director & Chief Executive Officer, effective August 11, 2026. Mr. Vishal Kedia has been appointed as the Interim Chief Financial Officer, effective August 12, 2026, while continuing his role as Head- Strategy, FP&A and Investor Relations.

Key Highlights

  • Aasif Malbari appointed MD & CEO for 5 years.
  • Malbari resigns as CFO; Vishal Kedia appointed Interim CFO.
  • Sudhir Sitapati resigns as MD & CEO.
  • Management changes approved by the Board of Directors.
  • Appointments are subject to shareholder approval.