Britannia appoints former RBI governor Urjit Patel as Independent Director

Urjit Patel served as the 24th Governor of the Reserve Bank of India (RBI) between 2016-18.

Updated on: Jul 3, 2024, 10:12:16 IST

By HT News Desk

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Britannia Industries appointed former RBI governor Urjit Patel as one of the additional Non-Executive Independent Directors on the board of the company for a period of five years, the company said in an exchange filing. The appointment is subject to board approval at the upcoming Annual General Meeting scheduled on August 12.

Former Reserve Bank of India (RBI) Governor Urjit Patel is seen. (Reuters File Photo)

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Britannia board also appointed Sunil Lalbhai as the Chairman and Managing Director of Atul Limited for a period of five years.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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Britannia appoints former RBI governor Urjit Patel as Independent Director

Urjit Patel served as the 24th Governor of the Reserve Bank of India (RBI) between 2016-18.

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Read more: HDFC Bank share price jumps over 3% to 52-week high. Here's why