Varun Berry, Vice-Chairman, Managing Director & Chief Executive Officer, has submitted his resignation and proposed to serve the notice period as per his employment contract.
The Board of Directors, on the recommendation of the Nomination & Remuneration Committee at their respective meetings held today, accepted his resignation and waived Berry's obligation to serve the notice period.
Accordingly, he will be relieved from the close of business hours today, November 10, 2025. N. Venkataraman, currently Executive Director and Chief Financial Officer, will hold additional charge as Chief Executive Officer until the new MD & CEO joins the Company.
New Managing Director & CEO
Rakshit Hargave | Photo Credit: cueapi
The Board has appointed Rakshit Hargave as Managing Director and Chief Execu

Businessline

The Indian Express
The Hill Politics
Raw Story
The Daily Beast