Dabur India accepts resignation of Global CEO Mohit Malhotra

Dabur India (NSE: DABUR) has accepted the resignation of Mohit Malhotra as Global Chief Executive Officer and Whole-time Director, effective 13 Nov 2026, it said in a filing on 4 Nov 2026. The board also appointed Herjit Singh Bhalla as an Additional Director and Whole-time Director for five years from 14 Nov 2026, subject to regulatory approvals.

Key highlights

• Resignation of Mohit Malhotra effective: 13 Nov 2026
• Herjit Singh Bhalla term as Whole-time Director: five years from 14 Nov 2026
• Gopal Krishna Jain term as Non-Executive Independent Director: 31 Dec 2026 to 30 Dec 2028
• Romesh Sobti Lead Independent Director from 1 Jan 2027
• Ankush Jain Compliance Officer from 1 Dec 2026

The changes in numbers

Malhotra's resignation takes effect on 13 Nov 2026

Malhotra's resignation as Global Chief Executive Officer and Whole-time Director takes effect on 13 Nov 2026, and the board accepted it at its meeting on 4 Nov 2026. The filing gives his reason as a wish to pursue personal interests.

In a letter dated 3 Nov 2026, Malhotra says he has accepted a leadership role overseas, effective 16 Nov 2026, and asks the board to relieve him before that date. He says he will ensure the handover is complete before he leaves. The letter also describes Dabur's revenues as more than ₹13,000 crore, without giving a period.

Herjit Singh Bhalla and Gopal Krishna Jain join the board

The board appointed Herjit Singh Bhalla, Chief Executive Officer-India Business, as an Additional Director and Whole-time Director for five years from 14 Nov 2026, subject to regulatory approvals. The company says Bhalla will continue to lead the growth agenda for the India business. Annexure B says he joined Dabur earlier this year and spent over 16 years at Unilever in management roles.

P. D. Narang, an existing Whole-time Director, will continue to provide strategic guidance across the Dabur Group's businesses, including oversight of the International business. The company says the structure clarifies leadership responsibilities.

The board also appointed Gopal Krishna Jain as a Non-Executive Independent Director for two consecutive years, from 31 Dec 2026 till 30 Dec 2028, subject to shareholder approval through postal ballot. Annexure B says he is 59 years old and a designated Senior Advocate.

Romesh Sobti and Ankush Jain take on new roles from Dec 2026 and Jan 2027

Romesh Sobti, an Independent Director, is designated Lead Independent Director from 1 Jan 2027, in place of Mukesh Hari Butani, whose term in that role ends on 31 Dec 2026. Butani currently holds the role.

Ashok Kumar Jain, Executive Vice President (Finance), Group Company Secretary and Chief Compliance Officer, superannuates at close of business on 30 Nov 2026. From 1 Dec 2026 the board has designated Ankush Jain, currently Chief Financial Officer, as Compliance Officer. Annexure B says Ankush Jain is a Chartered Accountant and a qualified Company Secretary, and that he keeps his role as Chief Financial Officer.

What the board changes mean for Dabur India's shareholders

The changes end Malhotra's role as Global Chief Executive Officer and Whole-time Director, add two directors to the board, and reassign the Lead Independent Director and Compliance Officer roles. The company will seek shareholder approval by postal ballot for the appointments of Directors.

The announcement does not say who will succeed Malhotra as Global Chief Executive Officer, or what pay the new directors will receive. The company says the postal ballot details will be communicated in due course.

The next dated steps are 13 Nov 2026, when Malhotra's resignation takes effect, and 14 Nov 2026, when Bhalla's appointment starts.