Shares of Dabur India fell nearly 2.6 per cent on Wednesday on the National Stock Exchange, to ₹503.50. The stock opened higher at ₹525 but reversed sharply and closed at ₹510.60, down 1.25 per cent over the previous day’s close. . The company’s market capitalization stood at approximately ₹90,494 crore.
The sell-off follows a management restructuring announced on Tuesday. Dabur’s board redesignated Mohit Malhotra from Whole Time Director & CEO to Whole Time Director & Global CEO. Simultaneously, Herjit S. Bhalla was appointed CEO – India Business, effective April 15.
Bhalla, 49, brings over 25 years of experience spanning Unilever, Metro Cash & Carry, and The Hershey Company, where he most recently served as VP Canada & Global Customers. He will report to Malhotra. The split of domestic and global responsibilities signals a strategic restructuring of Dabur’s leadership architecture.
Published on February 18, 2026