Dabur CEO Mohit Malhotra steps down after three decades with company

Mohit Malhotra has resigned from his position as Chief Executive Officer of Dabur India Limited, bringing to an end a more than three-decade association with the FMCG conglomerate. Malhotra's resignation will take effect from November 13, the company confirmed in a regulatory filing.

The veteran executive is transitioning to a new role based outside India, according to the announcement. However, Dabur did not provide details about the specific nature or location of his new position, nor did it elaborate on the circumstances surrounding his departure from the consumer goods firm.

Dabur has not yet named an interim chief executive to assume leadership of the company during the transition period. The Ayurvedic healthcare and personal care products manufacturer, which maintains a significant presence in Indian households, is expected to make further announcements regarding the succession arrangement in due course.

Malhotra's departure marks a significant transition for Dabur, one of India's leading FMCG companies with a diverse portfolio spanning hair care, oral care, health supplements, and food products. The company will need to quickly identify a replacement to ensure continuity in its strategic operations and market positioning.