Dabur India appoints Rahul Sarawagi as Additional General Manager – IR & M&A after Isha Lamba’s resignation

Dabur India Limited’s board has accepted the resignation of Isha Lamba, who has been heading Investor Relations & M&A, with effect from the close of business hours on May 1, 2026. The leadership transition comes as the company lines up continuity in its investor relations and strategic growth agenda, underscoring the importance of the IR & M&A function in shaping engagement with shareholders and the market.

To fill the gap, the board, on April 27, 2026, approved the appointment of Rahul Sarawagi as “Additional General Manager – IR & M&A” in the category of Senior Management Personnel, with effect from April 28, 2026. The appointment is documented in Annexure A, and Sarawagi brings over 18 years of experience across the finance function, with stints at PwC, Goldman Sachs, ICICI Bank, Reliance Industries, and Dabur India, including a recent tenure as Chief Financial Officer at Ace International Ltd. Notably, he has earlier served as Head – Treasury at Dabur India, anchored in capital markets, foreign exchange management, and structured financing, along with a track record of supporting board-level decision-making through governance and risk-management practices.

Industry observers view the transition as a deliberate succession move designed to strengthen Dabur’s investor relations and M&A governance at a time when capital-market dialogue and strategic financing are central to the company’s growth agenda. While Lamba’s departure marks the end of a chapter in the IR & M&A function, Sarawagi’s broad finance and treasury background is expected to bring continuity, sharper financial insights, and enhanced engagement with investors and lenders alike.

As Dabur charts its next phase, all eyes will be on how the new leadership shapes the company’s dialogue with markets, its approach to capital allocation, and the execution of its M&A strategy amid a dynamic business landscape.