Dabur India Shares Decline After Leadership Reshuffle Announcement

Dabur India shares traded lower on February 18, 2026, after the FMCG company announced a major leadership restructuring. The company confirmed the appointment of former Hershey executive Herjit S Bhalla as CEO – India Business.

At the same time, current CEO Mohit Malhotra has been elevated to the role of Global CEO. The announcement was made through an exchange filing and influenced the stock’s movement during the trading session.

Leadership Transition and New Appointment Details

Dabur India stated that Herjit S Bhalla will assume charge as CEO – India Business from April 15, 2026, or an earlier mutually agreed date. Bhalla currently serves as Vice President – Canada & Global Customers at The Hershey Company.

He will report directly to Mohit Malhotra, who has been redesignated as Whole-Time Director and Global CEO with effect from February 17, 2026. The leadership changes are part of the company’s broader organisational restructuring initiative.

Performance Context Ahead of Management Changes

Dabur’s October–December 2025 results were broadly in line with Street expectations. The company saw growth supported by rural demand recovery and market share gains across key segments.

Its international business also delivered steady performance during the quarter. These trends formed the backdrop against which the leadership changes were announced.

BSE Share Price Performance

On February 18, 2026, Dabur India share price opened at ₹525.00 compared to the previous close of ₹516.80. During the session, as of 12:40 p.m. IST, the stock touched a high of ₹525.30 and a low of ₹503.50.

It was trading at ₹506.10, marking a decline of 2.07%. The company recorded a traded volume of 34.04 lakh shares and a traded value of ₹173.33 crore, with a market capitalisation of ₹90,458.20 crore.

Read More: RBI Proposes Flexible Forex Rules to Ease Hedging and Market Operations.

Conclusion

Dabur India’s share price moved lower after the company announced a significant organisational restructuring. The appointment of Herjit S Bhalla as CEO – India Business and the elevation of Mohit Malhotra to Global CEO formed the core of the update.

The changes come at a time when the company’s domestic and international operations have shown stable performance. Market participants responded to the announcement with cautious sentiment during the trading session.

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