Based on the recommendation of the Nomination & Remuneration Committee, the Board of Directors of Vadilal Industries Limited ('the Company') at its meeting held today i.e. September 9, 2025, has approved and appointed Mr. Himanshu Kanwar, as the Chief Executive Officer and Key Managerial Personnel of the Company effective 29th September, 2025.
Mr. Himanshu Kanwar is a seasoned consumer business leader with over two decades of experience spanning FMCG giants and highgrowth consumer startups. He combines classical brand-building expertise with new-age digital fluency, making him uniquely positioned to drive innovation, market transformation, and sustainable value creation.
He is currently working as General Manager, Growth & Marketing Practice with XTO10X, mentoring fast-scaling consumer businesses across beauty, food, fintech, and OTT. His work focuses on helping founders sharpen their growth strategies, expand digital channels, and build strong organizational capabilities.
At Hindustan Unilever Limited (HUL), he held multiple senior leadership roles across foods, beverages, personal care, and ice creams. As Business Head - Ice Creams, he steered the portfolio to robust growth through strategic acquisitions, disruptive innovations, and sustained margin expansion. Later, as Global Brand Director for HUL's South Asia Haircare portfolio, he led brand strategy, innovation pipelines, and positioning refreshes for several iconic personal care brands, further strengthening HUL's market leadership.
Earlier in his career, Mr. Kanwar managed some of India's most trusted household names in detergents and beverages, while also gaining deep commercial acumen through frontline sales leadership roles.
Mr. Kanwar is an alumnus of the Indian Institute of Management Calcutta, where he specialized in Marketing, and a Computer Engineering graduate from Delhi College of Engineering, he brings the rare blend of analytical rigour, brand expertise, and entrepreneurial mindset.
With his proven track record of building iconic brands and shaping new-age consumer ventures, Mr. Kanwar is widely recognized as a leader who can seamlessly bridge the worlds of established FMCG and emerging digital-first businesses.
Shares of Vadilal Industries Limited was last trading in BSE at Rs. 5138.10 as compared to the previous close of Rs. 5234.85. The total number of shares traded during the day was 692 in over 240 trades.
The stock hit an intraday high of Rs. 5347.00 and intraday low of 5120.75. The net turnover during the day was Rs. 3627770.00.