Tata Consumer Products Limited announced that based on the recommendations of the Nomination & Remuneration Committee and the Audit Committee, the Board of Directors has approved the appointment of Mr. Ashish Goenka as Group Chief Financial Officer under the Senior Management Personnel category, effective December 18, 2023. In this role, Ashish will be responsible for the Integrated Finance function overseeing group accounts & finance, investments, capital structuring, forecasting and budgeting and providing strategic direction to businesses while developing and delivering annual, mid-term and long-term growth plans for the business. His role will also encompass responsibilities for Strategy and M&A, Legal, Secretarial & Compliance, Investor Relations & Communications, Internal audit & Risk management functions of the Company.

He will be based in Mumbai and report to Sunil D'Souza, MD & CEO, Tata Consumer Products. Ashish brings over 20 years of experience across the Finance function, joining Tata Consumer Products from Jubilant Foodworks Limited, where he currently serves as President & CFO. Prior to this, he held senior leadership positions with Hindustan Unilever and Bharti Airtel.

Ashish's expertise will help the company further strengthen and build future capability for the function. It would like to thank L Krishnakumar who retired from Tata Consumer Products on October 31st, 2023, for his contributions to building and strengthening the Finance function over two decades. He has played a key role in the transformation journey of this company over the years from a single category, single country tea player to the current large multi- country, multi -category F&B focused FMCG player.

He will continue as Senior Advisor until March 31, 2023.