Dabur India's CEO Mohit Malhotra Resigns for New International Role

Mohit Malhotra Steps Down as CEO of Dabur India

New Delhi. Dabur India, a well-known FMCG company, officially announced the resignation of its Global CEO, Mohit Malhotra, on Wednesday. After over three decades with the company, Malhotra has decided to step down to take on a new leadership position abroad. His resignation will take effect on November 13, 2026.

This resignation comes amid significant leadership changes in major Indian consumer goods firms, as they strive to strengthen their margins in the face of rising raw material costs and unpredictable market demand.

In a letter sent to Dabur's Chairman Mohit Barman on November 3, Malhotra expressed his intention to accept a new leadership role overseas starting November 16, 2026. He believes this is the right time to embrace new challenges in his career. Notably, in August 2023, Malhotra was reappointed as CEO for a five-year term, extending until January 30, 2029, and was assigned the role of Global CEO in February of the same year, while Harjeet Bhalla oversees Dabur's Indian operations.

Currently, the company has not announced an interim CEO to succeed Malhotra, nor has it clarified the location of his new international role. However, it has stated that the current full-time director, P.D. Narang, will continue to guide the group's businesses and oversee Dabur's international operations, which contribute 30% to the company's total revenue.

Dabur reported a better-than-expected performance in its financial results for the second quarter, achieving a net profit of ₹5.06 billion (approximately $53.43 million), which is about 12% higher than the previous year. Additionally, the company's total revenue increased by 12% to ₹35.63 billion.