Amit Burman Steps Down As Chairman Of Dabur India
FMCG firm Dabur India Limited on Friday said Amit Burman has stepped down as chairman of the company with effect from August 10, 2022.
Amit Burman, who took charge as the chairman of Dabur India Ltd in 2019, will continue to serve as non-executive director of the company.
Mohit Burman has been elevated to the position of non-executive chairman of the Board of Directors of Dabur India Limited with effect from August 11 for a period of 5 years. Before elevation to the new position, Mohit Burman was non-executive vice chairman of the company.
The Board of Directors of Dabur India Limited at a meeting held on 11th August 2022 approved the changes in the company's top positions.
"Pursuant to provisions of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors has on 11th August 2022, approved the following changes in the position of Chairman and Vice Chairman of the Company," Dabur India Limited said in a regulatory filing to the stock exchanges.
The Board's decisions include "acceptance of resignation of Amit Burman from the post of Chairman of the Board of Directors of the Company with effect from the close of working hours of August 10, 2022. Amit Burman shall continue to be the Non-Executive Director of the Company."
"Appointment of Mohit Burman (who is currently the Non-Executive Vice Chairman of the Company) as the Non-Executive Chairman of the Board of Directors of the Company for a period of 5 years w.e.f. August 11, 2022," Dabur India Limited said.
Dabur India Limited Board has also approved the appointment of Saket Burman as the Non-Executive Vice-Chairman of the Board of Directors of the Company for a period of 5 years w.e.f. August 11, 2022.
Amit Burman took over as the chief executive officer (CEO) of Dabur Foods in 1999 when the company forayed into the processed food business. After the merger of Dabur Foods and Dabur India in 2007, Burman became the vice chairman of Dabur India. In 2019, he took charge as the chairman of Dabur India Limited.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
