Exide Industries Limited has officially announced the appointment of Mr. Rajeev Khandelwal as Senior Management Personnel (SMP), with effect from 20th November 2024. This significant leadership change was disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations 2015. Rajeev Khandelwal will be responsible for managing the B2C businesses of Exide Industries, marking a new chapter in the company's corporate leadership.

Key Takeaways from the Appointment

This appointment brings a wealth of experience to Exide Industries. Rajeev Khandelwal is a seasoned leader with over 30 years of experience across various sectors, especially in brand building and business expansion. His previous role as President - Strategy and Business Expansion at RPSG Group highlights his strategic vision for growing businesses. Having worked with prominent brands such as P&G, Gillette, Reckitt, and RPSG, his extensive experience spans across India, Sri Lanka, Singapore, and Africa, which will be invaluable to Exide's expansion plans.

In this article, we’ll delve into the details of Khandelwal's appointment, the scope of his responsibilities, and how Exide Industries is positioning itself for future growth.

Rajeev Khandelwal’s Profile: A Strong Addition to Exide Industries

Rajeev Khandelwal's professional journey includes leadership roles in renowned consumer goods companies. He is an engineer from the Visvesvaraya Regional College of Engineering, Nagpur, and holds an MBA in Marketing from the prestigious SP Jain Institute of Management, Mumbai. Throughout his career, Khandelwal has honed his skills in P&L leadership, focusing on both consumer-facing businesses and strategic business growth. In his recent position at RPSG Group, he played a crucial role in shaping the long-term strategy for the FMCG sector.

Given his diverse experience, Rajeev Khandelwal is expected to lead Exide’s B2C business to new heights. This includes further strengthening the brand’s market position, driving consumer engagement, and expanding into newer markets. His experience in multi-national roles will be key to helping Exide adapt and grow in a competitive and globalized environment.

Exide’s Strategic Focus with Rajeev Khandelwal at the Helm

With Rajeev Khandelwal joining the team, Exide Industries is aligning itself with long-term growth strategies in the consumer business domain. The company has been expanding its portfolio beyond traditional products, and Khandelwal’s leadership in business expansion will be critical in unlocking new opportunities in the B2C segment. As per Exide’s official communication, the appointment of Khandelwal is part of a larger strategy to transform the company’s operations and to ensure it stays ahead of competitors in both the Indian and global markets.

The appointment disclosure is part of Exide’s commitment to transparency and regulatory compliance, as required by the Securities and Exchange Board of India (SEBI). Exide’s announcement has been made available on its official website for the public to view, ensuring that all details regarding this leadership change are accessible to investors and stakeholders.

The Path Forward for Exide Industries

With Rajeev Khandelwal at the helm of the B2C businesses, Exide Industries is poised for greater achievements. His leadership, combined with Exide’s strong legacy, positions the company well to make significant strides in the competitive market. This appointment is not just about leadership but also about reinforcing Exide's focus on innovation and sustainability within the consumer business sector.

This change reflects Exide’s commitment to growth, as Khandelwal’s deep industry knowledge and strategic thinking will ensure that the company remains at the forefront of industry trends. Furthermore, Exide’s future plans include leveraging technology, understanding evolving consumer needs, and expanding into new business areas, all of which will benefit from Khandelwal’s expertise.

Exide Industries has always been known for its strong market presence and dedication to quality. With the addition of a seasoned leader like Rajeev Khandelwal, Exide Industries aims to consolidate its leadership in the B2C market while expanding its footprint.

For those interested in further updates on the stock market or recent news related to Exide, it is recommended to keep an eye on regular reports and market shifts. Also, visit Finance Saathi for the latest updates on IPO applications, share market trends, and much more.

In conclusion, this strategic move by Exide Industries strengthens its leadership and sets the stage for an exciting future. Keep an eye out for more announcements and developments, as Exide Industries continues to shape its journey in the corporate world.

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