In a significant corporate move, Rajneet Kohli, the CEO and executive director of Britannia Industries, has tendered his resignation, effective March 14, 2025. The announcement was made on March 6, 2025, through an official stock exchange filing. Kohli, who joined Britannia in September 2022, expressed his gratitude to the company's leadership and team. He stated that he is leaving to pursue a new professional opportunity and requested that his notice period be waived. This decision comes as Britannia continues its trajectory of growth in the food industry, particularly in biscuits, dairy, and snacking.
Kohli's tenure at Britannia Industries spanned just over two years, during which he played a pivotal role in steering the company toward strategic advancements. Prior to joining Britannia, Kohli had a notable career at Domino’s India, where he served as president and chief business officer for four years. Earlier in his career, he spent more than a decade with the Coca-Cola Company, gaining extensive experience in the beverage sector. Kohli's departure marks a transition phase for Britannia as it prepares to welcome a new leader to guide the company forward.
In his farewell message, Kohli emphasized the strong foundation laid during his time at Britannia and expressed confidence in the company's future prospects. He highlighted the unwavering support from the chairman and board members, as well as the collaborative efforts of his executive leadership team. This positive note underscores Kohli's belief that Britannia is well-prepared to sustain its momentum and achieve continued success.
The coming weeks will likely see Britannia initiating the process to identify Kohli's successor. As the company remains tight-lipped about potential candidates, industry watchers are speculating on who might take the helm next. Despite the leadership change, Britannia's commitment to innovation and market leadership is expected to remain steadfast, ensuring a smooth transition and ongoing progress in its key business areas.