Dabur India Shareholders Approve Re-appointment of Directors, Modify Tenures at AGM

Dabur India Shareholders Approve Re-appointment of Directors, Modify Tenures at AGM​

Dabur India Limited's shareholders approved several key appointments and modifications concerning its Board of Directors during the 51st Annual General Meeting held on Thursday, August 06, 2026. The approvals covered the re-appointment of Mr. Rajiv Mehrishi as a Non-Executive Independent Director, a modification in the tenure for Mr. Mukesh Hari Butani, and the re-appointment of Mr. Saket Burman, who is liable to retire by rotation.

The shareholder meeting greenlit the extension of Mr. Rajiv Mehrishi's tenure for a second term as a Non-Executive Independent Director. His appointment has been extended for five consecutive years, effective from September 01, 2026, until August 31, 2031. Mr. Mehrishi brings over 47 years of experience to the Board. He previously joined the IAS in 1978 in Rajasthan Cadre. His career included involvement in the enactment of the Competition Act and rewriting the Companies Act, 1956. Furthermore, he served as the Union Finance Secretary and Chief Secretary in Rajasthan and was pivotally involved in establishing the Monetary Policy Committee (MPC) and enacting the Indian Bankruptcy Code (IBC). He subsequently held the position of Union Home Secretary and served as the 13th Comptroller and Auditor General of India (C&AG), auditing transactions across various Central and State Government departments.

In a related matter, the shareholders approved a modification to the tenure of Mr. Mukesh Hari Butani, who serves as a Non-Executive Independent Director. His second term appointment, previously planned for five consecutive years from January 01, 2026, was modified. The change restricts his new tenure to one year, running from January 01, 2026, through December 31, 2026. This modification was made following a request from Mr. Butani due to other professional commitments and his intention to rationalize and reduce overall Board involvement.

Mr. Saket Burman was also re-appointed as a Non-Executive Director of the company, who is liable to retire by rotation at the 51st Annual General Meeting. As Vice Chairman of Dabur India Limited and a fifth-generation member of the founding family, Mr. Burman has extensive entrepreneurial experience across various sectors.

Mr. Burman's profile and current roles are detailed below:


Mr. Mehrishi and Mr. Butani were confirmed to be unrelated to any other Directors of the Company and neither was debarred from holding a director position by any regulatory authority.

DABUR Stock Price Movement​

Dabur India Limited shares slipped by 0.32% in post-market trading today, closing at ₹410 after a volatile session. The stock saw active movement during the day, with approximately 1.75 million shares changing hands.