On 26th December 2024, Godfrey Phillips India Limited announced a key leadership appointment, naming Siddharth Chawla as the company's new Chief Operating Officer (COO). This decision follows the recommendations of the Nomination and Remuneration Committee and aligns with the company's commitment to enhancing its senior management team. Chawla’s appointment is set to take effect from 7th January 2025 or another mutually agreed date. As the COO, Siddharth will lead the company’s strategic operations, ensuring growth, efficiency, and innovation in its diverse business verticals.

Siddharth Chawla brings with him an impressive 24 years of leadership experience, having worked in various senior roles in prestigious organizations. His career started at ITC, one of India's leading FMCG companies, where he joined as a management trainee in 2001. Over the years, he rose through the ranks to become the Business Head for North India, overseeing significant operations and business development in the region. Chawla’s leadership in the FMCG sector equipped him with the skills to handle large teams, implement strategic initiatives, and manage complex market challenges.

In 2019, Chawla transitioned from ITC to take on the role of Business Head of Non-Essentials at Udaan, an e-commerce unicorn startup. During his three-year tenure at Udaan, he was instrumental in growing the company’s business in the non-essential category, launching innovative product lines, and strengthening the company’s market position. His ability to scale businesses in competitive environments made him an invaluable asset in Udaan’s early years.

Most recently, Chawla has served as the Chief Growth Officer at Pharmarack Technologies, which is India’s largest e-B2B platform for the pharmaceutical industry. In this capacity, he has been leading efforts to diversify the company’s offerings, expand its customer base, and ensure sustainable growth in the dynamic pharmaceutical market. His experience at Pharmarack has sharpened his skills in managing complex business environments and large-scale growth initiatives.

The appointment of Siddharth Chawla is expected to bring significant benefits to Godfrey Phillips India. With his diverse expertise across business leadership, go-to-market strategy, and supply chain management, he is well-positioned to lead the company into its next phase of growth. Chawla’s track record of building and transforming organizations will be crucial in helping Godfrey Phillips continue to expand its footprint in the industry.

The company’s Board of Directors approved the appointment on 26th December 2024 at 9:57 AM, and the official announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of Chawla’s appointment have been shared in accordance with the guidelines provided under the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123, issued on 13th July 2023.

Siddharth Chawla’s appointment is part of Godfrey Phillips India’s broader effort to bolster its leadership team, ensuring that the company is equipped to meet the challenges of a dynamic business environment. As the new COO, he will focus on driving operational excellence, improving business performance, and positioning the company for long-term success.

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