Varun Berry, the outgoing managing director of Britannia Industries. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Share price of Britannia Industries Ltd. saw a steep decline in early trade on Tuesday, after the company shifted hands from chief executive officer, Varun Berry to his incumbent, Natarajan Venkataraman.

Venkataraman hold the interim charge till Dec. 15, 2025, when Rakshit Hargave is scheduled to take over as Britannia's MD and CEO. Hargave, whose appointment was confirmed last week, had earlier served as the CEO of Birla Opus, the paints venture of Aditya Birla Group.

Berry, the departing MD and CEO, was associated with Britannia for the last 12 years. He was elevated to the top managerial position in May this year.

Hargave, who will

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