Mumbai: VIP Industries has announced a significant leadership reshuffle as it gears up for its next phase of growth. The company has appointed Atul Jain as the new Managing Director for a five-year term, effective September 2025. Meanwhile, veteran industry leader Dilip Piramal has been conferred the honorary title of Chairman Emeritus, effective September 23, 2025.
The company disclosed these changes in a regulatory filing with the Bombay Stock Exchange (BSE). Neetu Kashiramka, the outgoing Managing Director, has resigned but will remain associated with the company until October 31, 2025, to ensure a smooth transition.
Atul Jain, an alumnus of IIT Delhi and IIM Calcutta, brings over two decades of global leadership experience in the consumer durables and home electronics sectors. He previously served as Senior Director at Samsung Electronics’ global headquarters in South Korea. During his tenure, he played a pivotal role in transforming Samsung’s ₹15,000 crore Consumer Durables business through AI-led digitisation and strategic change management initiatives, significantly outpacing industry benchmarks in topline and EBITDA growth.
Jain has also held senior leadership positions at renowned organizations including Coca-Cola, Godfrey Phillips India, Bharti Airtel, and most recently, briefly led Aptech Ltd. His cross-sector experience is expected to bring fresh perspective and momentum to VIP Industries’ strategic agenda.
In a parallel development, the board has honored Dilip Piramal—longtime promoter and former Chairman of VIP Industries—by appointing him as Chairman Emeritus for life. The honorary role carries no remuneration and does not include a seat on the company’s Board of Directors. The company emphasized that this title recognizes Piramal’s invaluable contributions to VIP Industries over the years.
These leadership changes mark a new chapter for VIP Industries as it strengthens its management to drive innovation, digitization, and global expansion.
