MUMBAI — Mafatlal Industries Limited has announced a major restructuring of its executive leadership, naming Priyavrata H. Mafatlal as the company’s new Chief Executive Officer. The appointment, which becomes effective on June 1, 2026, will see him manage the CEO portfolio in addition to his current role as Managing Director.
Streamlining Corporate Governance
The decision to combine the roles of CEO and MD under Priyavrata Mafatlal is designed to create a more cohesive and responsive leadership framework. By centralizing the strategic and operational functions, the board aims to accelerate the legacy textile firm’s modernization efforts and improve its ability to react to market volatility.
