Ingredients Division EVP Resigns; Rajeev Mishra Appointed VP - Sales & Ingredients

Senior management change in the Ingredients Division.

Wed 30 Sep 2026

Executive Departure

Mr. Vivek Kulkarni, Executive Vice President – Ingredients Division, resigned effective September 30, 2026

New Appointment

Mr. Rajeev Mishra appointed Vice President – Sales & Ingredients Division effective October 01, 2026

Appointee Qualifications

IIT Roorkee and IIM Calcutta alumnus with 25+ years of professional experience

Internal Promotion

Rajeev Mishra elevated from Associate Vice President – Strategy (Fragrance & AID)

What was announced

The company disclosed changes in its Senior Management Personnel under Regulation 30 of the Listing Regulations.

• Mr. Vivek Kulkarni, Executive Vice President – Ingredients Division, has resigned from the services of the company to pursue other professional interests outside the Keva Group. Date of cessation: September 30, 2026, effective from the close of business hours.
• His resignation letter, dated August 03, 2026 and addressed to the Group CEO, states he decided to move on to pursue other professional interests outside Keva.

The successor

• Consequent to the resignation and as part of re-organisation within the Group, the Board of Directors, on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Rajeev Mishra as Vice President – Sales & Ingredients Division and Senior Management Personnel, with effect from October 01, 2026.
• He is currently serving as Associate Vice President – Strategy (Fragrance & AID), so this is an internal elevation.
• Profile: alumnus of IIT Roorkee and IIM Calcutta, with 25+ years of professional experience across industries and geographies, including roles as Business Head, Board member, and in Strategy Development, P&L Accountability and Business turn-around.
• Term of appointment: Not Applicable. He is not related to any Director of the company.
• Board approval was received at 02:33 p.m. (IST) on September 30, 2026.

What it means for investors

This is a leadership change at divisional level, not at the Board or Key Managerial Personnel (MD/CEO/CFO) level. The Ingredients Division sees its senior leader exit, with an internal candidate stepping in the next day, so there is continuity without a gap. Investors sometimes watch such exits in a specific business division for signs of strategy shifts; here the company frames the move as part of a Group re-organisation. No financial figures are involved in this intimation.

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