India's Godrej Consumer slumps 10% after sudden CEO exit
12/08/2026 04:46
India's Godrej Consumer slumps 10% after sudden CEO exit Aug 12 (Reuters) - Shares of India's Godrej Consumer Products GOCP.NS fell as much as 10% in pre-open trade on Wednesday after CEO Sudhir Sitapati unexpectedly resigned just months after his reappointment, raising concerns over leadership transition.
The consumer goods maker on Tuesday named CFO Aasif Malbari as its new chief.
(Reporting by Surbhi Misra in Bengaluru; Editing by Sherry Jacob-Phillips)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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