Mafatlal Industries Limited has announced that Priyavrata Mafatlal will assume the role of Chief Executive Officer (CEO), effective June 1, 2026, while continuing his role as Managing Director (MD).
In this expanded role, Mafatlal will focus on aligning strategy and execution, scaling value-added businesses and strengthening global presence, while driving sustainable growth and innovation.
The newly appointed CEO has been associated with Mafatlal Industries Limited for over 15 years. He also serves as the Vice Chairman of Arvind Mafatlal Group.
The transition follows the retirement of MB Raghunath as CEO upon reaching the age of 60, after an association of over three decades with the company. Raghunath will transition to the role of Designated Director – Strategy and Projects, where he will support the company’s long-term priorities.
