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Godrej Consumer Products shares tank 10% after CEO exit; HSBC downgrades to Hold
Godrej Consumer Products Ltd. shares tanked over 10% after MD & CEO Sudhir Sitapati resigned unexpectedly. Aasif Malbari takes over as the new CEO. Despite potential near-term sentiment overhang, brokerage firm Citi maintained its Buy rating with a target price of Rs 1,350, citing intact strategy and unchanged FY27 guidance.
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economictimes.indiatimes.com
Godrej Consumer Products appoints Aasif Malbari as CEO, replacing Sudhir Sitapati
With the appointment of Aasif Malbari as the new managing director and chief executive officer, a transition is underway at the helm. He takes over from Sudhir Sitapati, who…
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thehindubusinessline.com
Godrej Consumer bets on Africa turnaround architect Aasif Malbari as new MD & CEO
Godrej Consumer appoints Aasif Malbari as new MD & CEO, focusing on growth and operational excellence following Sudhir Sitapati's resignation.
