Godrej Consumer Products Share Price Falls Over 10%; Appoints Aasif Malbari as Managing Director and CEO

On August 11, 2026, The Board of Directors of Godrej Consumer Products Limited officially announced the appointment of Aasif Malbari as the new Managing Director and Chief Executive Officer, as per the press release on exchange filings.  

This leadership change is effective immediately, with Mr Malbari succeeding Sudhir Sitapati. 

Leadership Transition at Godrej Consumer Products 

Aasif Malbari previously served as the Global Chief Financial Officer and President of Godrej Africa. His professional background includes 30 years of experience within the FMCG and auto industries, having worked at Tata Motors and Hindustan Unilever prior to his tenure at Godrej Consumer Products Limited.  

As the Global CFO, he managed business strategy and collaborated with various leadership teams to facilitate growth and operational performance. 

During his time overseeing the Africa business, the company experienced growth within its FMCG portfolio, specifically through the introduction of the air care category and the development of the Hair Fashion segment.  

Financial data indicates that EBITDA margins for the Africa operations increased from 9% in FY24 to 15% in FY26. Before his association with Godrej, Mr Malbari held positions as the Chief Financial Officer at Tata Passenger Electric Mobility and Director at Tata Motors Passenger Vehicles, where he contributed to a $1 billion fundraise for the electric vehicle business. 

Corporate Background and Global Presence 

Godrej Consumer Products Limited operates as a participant in emerging markets and maintains a legacy of 125 years.  

The company currently serves 1.4 billion consumers globally. It holds market positions in various segments, including household insecticides, hair care, hair colour, soaps, and air fresheners across regions such as India, Indonesia, Africa, and Latin America. 

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Godrej Consumer Products Share Price Performance 

As of August 12, 2026, at 11:57 AM, Godrej Consumer Products share price on NSE was trading at ₹918.50, down by 10.39% from the previous closing price. 

Conclusion 

Godrej Consumer Products Limited appointed Aasif Malbari as MD and CEO on August 11, 2026. Mr Malbari, who previously achieved EBITDA margin growth in Africa from 9% in FY24 to 15% in FY26, succeeds Sudhir Sitapati. 

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