Godrej Consumer Products Limited (GCPL) announced that it will be investing INR 100 Crore in Early Spring, a new INR 300 Crore early-stage consumer fund being set up by Spring Marketing Capital (Spring). GCPL will anchor the fund in addition to offering its expertise and experience to help founders build strong, sustainable companies, a statement said. Spring is creating a…
Godrej Consumer Products Limited (GCPL) announced changes to its leadership team, effective September 1, 2021. V Srinivasan, GCPL’s Chief Financial Officer and Company Secretary, has resigned to pursue opportunities outside Godrej. Sameer Shah, GCPL’s current Head of Finance and Investor Relations, will take over as the Chief Financial Officer of the company. Sameer has worked…
Godrej Consumer Products Limited (GCPL) has announced changes to its leadership team, effective October 18, 2021. Sudhir Sitapati will join GCPL as Managing Director and Chief Executive Officer. Nisaba Godrej, currently the Chairperson and Managing Director of the company, will continue to serve as Executive Chairperson. Sudhir has spent 22 years at Hindustan Unilever Limited…
Godrej Consumer Products Ltd recently announced that its Managing Director and Chief Executive Officer Vivek Gambhir has decided to step down from the position citing personal reasons. His resignation will come in effect on June 30. In an exchange filing, the company said that he will be replaced by Nisaba Godrej who is currently the…
The coronavirus pandemic has now spread its fears to India, the government and the private sector are both taking steps to make personal care, hygiene and sanitation products more affordable as they up the ante to combat the rapidly spreading coronavirus. The novel coronavirus which originated in the Chinese city of Wuhan has now transmitted…
Creador, the Mauritius based PE firm has picked up entire stake of Godrej Consumer Products in Indonesian snack & instant food products company PT Simba Indosnack Makmur. Simba sells branded cereals & snacks. The acquisition valued at $ 30milion, is expected to be completed within two months. Post this the PE firm will assume…