Bata India Share Price Gains Over 7%; Appoints Sanjay Rao as Managing Director and CEO

Bata India Limited has announced the appointment of Sanjay Rao as its new Managing Director and Chief Executive Officer.  

This decision follows the completion of Gunjan Shah's five-year term, which concludes on September 30, 2026. 

Bata Appoints Sanjay Rao as MD and CEO 

The Board of Directors of Bata India approved the appointment of Sanjay Rao as a Whole-time Director and CEO, effective from August 24, 2026. 

He will serve as Managing Director and CEO from October 1, 2026, to August 23, 2031, subject to regulatory and shareholder approvals. 

Sanjay Rao brings over 20 years of experience in retail and consumer leadership, having worked across India, South Asia, China, and Europe.  

Prior to joining Bata India, he was Senior Director at Nike Retail, overseeing the France and Benelux markets. 

Leadership Transition at Bata India 

Gunjan Shah, the outgoing Managing Director and CEO, will complete his full term on September 30, 2026.  

The Board expressed appreciation for his leadership and contributions during his tenure. Under his guidance, Bata India strengthened its business and consumer experience. 

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Profile of Sanjay Rao 

Sanjay Rao has an MBA from INSEAD, France & Singapore, a PGDM in Management from TAPMI, India, and a BE from the National Institute of Engineering, Mysore, India. He has also held senior leadership roles at Inditex and Guess. 

Bata India's Market Position 

Bata India is a leading footwear company with a heritage of over 90 years. It serves millions of consumers through a vast network of stores, digital channels, and wholesale distribution across the country. The company is committed to innovation, quality, and consumer satisfaction. 

Bata India Share Price Performance 

As of June 18, 2026, at 2:01 PM, Bata India share price on NSE was trading at ₹732.20, up by 7.91% from the previous closing price. 

Conclusion 

Bata India has appointed Sanjay Rao as Managing Director and CEO, effective October 1, 2026. He succeeds Gunjan Shah, whose term ends on September 30, 2026. Sanjay Rao brings extensive experience in retail and consumer leadership. 

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