Britannia Industries Limited Appoints Mr. Siddharth Parakh as Head - Strategy & Business Development

Britannia Industries Limited Appoints Mr. Siddharth Parakh as Head - Strategy & Business Development

Britannia Industries Limited Appoints Mr. Siddharth Parakh as Head - Strategy & Business Development​

Britannia Industries Limited has appointed Mr. Siddharth Parakh to the role of Head - Strategy & Business Development, effective from August 3, 2026. The decision was made by the Company’s Board of Directors during a meeting held on August 2, 2026, following recommendations from the Nomination and Remuneration Committee.

Mr. Parakh joins Britannia Industries Limited with over 13 years of diverse experience spanning Corporate Strategy, Mergers and Acquisitions (M&A), Investments, and Capital Allocation.

Prior to joining the company, Mr. Siddharth held a key role in the Group CFO & Group Strategy Office at Tata Sons for 4.5 years, where he worked on Strategic Initiatives, Investments, and M&A across various companies within the Tata Group. Earlier in his career, Mr. Parakh served as an Assistant Vice President in the investment banking team at Edelweiss (Nuvama). During this tenure, he advised Indian and global clients on Corporate Finance, Fund Raising activities, M&A, spanning sectors such as consumer, new age businesses, information technology, and healthcare.

Mr. Parakh has also gained experience working with advisory organizations including MAPE Advisory Group, Grant Thornton, and PwC, advising on Corporate Finance and several Marquee Transactions. His qualifications include being a Chartered Accountant and a Company Secretary. He holds a Post Graduate Diploma in Management (PGDM) from S. P. Jain Institute of Management & Research, Mumbai, and has pursued the Advanced International Finance Program from Cornell University, New York.

Recognized with the prestigious Economic Times Young Leader Award, Mr. Siddharth Parakh brings extensive expertise in strategic corporate functions to his new role at Britannia Industries Limited.

BRITANNIA Stock Price Movement​

Britannia Industries Limited shares slipped on Friday, settling at ₹5416.5 after shedding 0.53% in trading. The stock traded within a range of ₹5364 and ₹5460 during the session, with 428,290 shares recorded.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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