Britannia names N. Venkataraman deputy MD and Ramamurthy Jayaraman CFO
Both appointments take effect October 1, 2026. Venkataraman will oversee finance, strategy, legal, secretarial and IT, while Jayaraman will lead finance.
The leadership change
Britannia appointed N. Venkataraman Deputy Managing Director and Ramamurthy Jayaraman Chief Financial Officer, effective October 1, 2026. Venkataraman will oversee finance, strategy, legal, secretarial and IT; Jayaraman will lead finance. Britannia shares fell 1.83% to ₹4,825.
Also reported by The Hindu BusinessLine (thehindubusinessline.com), Business Standard · Companies (business-standard.com), ET Small Business (economictimes.indiatimes.com)
Who and when
- October 1, 2026
- July 29, 2030
- April 2007
- around four decades
- 15 years
- more than 22 years
- 1.83%
- ₹4,825
Why the change matters
From October 1, 2026, Venkataraman’s remit across strategy and finance and Jayaraman’s CFO role will shape Britannia’s senior-level interface for strategic and financial discussions.
What to watch next
- A formal description of finance decision rights, CFO reporting lines or board responsibilities.
- Changes in capital allocation, cost-control targets, investment plans or strategic priorities after the appointments take effect.
- Signs of transition friction, such as delayed guidance, unusual executive departures or repeated revisions to plans.
- Clarify reporting lines and the division of finance responsibilities between the deputy MD and CFO.
- Track leadership or organizational changes announced ahead of the October 1, 2026 effective date.
- Compare subsequent disclosures on capital expenditure, technology investment, margins and strategic priorities with prior guidance.
The counter-case
These are future-dated appointments with no stated strategic shift or evidence of operational impact. The responsibilities also appear to overlap: Venkataraman will oversee finance, while Jayaraman will lead it. The announcement alone may be routine succession planning rather than a material business signal.