Rakshit Hargave, the Chief Executive Officer of Birla Opus , has stepped down from the Aditya Birla Group’s paint company. Hargave was associated with the Aditya Birla Group for the last four years and became CEO of the 18-month-old paint company in March this year.

As per a Reuters report, Hargave has moved on to FMCG major Britannia Industries , where he will assume the office of Chief Executive Officer. He tendered his resignation to the Grasim Industries board of directors on November 1, effective immediately.

Hargave mentioned in his letter of resignation that he is moving on “to pursue career opportunities outside the company”.

Birla Opus performance in Q2

While Grasim Industries , the parent company of Birla Opus, did not disclose the standalone financials of Birla Op

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