Britannia Shares Up 1.5% on Management Changes; FMCG Index Rises 2nd Day

• Britannia shares rose 1.5% after the company announced senior management changes.
• Subhashis Basu was appointed Chief Business Officer – Dairy, effective December 15, 2025.
• Abhishek Sinha was appointed Chief Sales Transformation Officer, effective December 15, 2025.
• Rakshit Hargave was previously appointed MD & CEO, effective December 2025.
• The Nifty FMCG index rose for a second consecutive day, while other sectors declined.

Why It Matters: Britannia's leadership reshuffle indicates potential strategic shifts and market impact.