Falguni Sanjay Nayar, Non-Executive Independent Director of Dabur, has completed her second term with the company as of July 27, 2024 and consequently has ceased as Director of the Company effective July 28, 2024.
In a regulatory filing, the Company said that the Board of Directors and the Management of the Company express their deep appreciation and gratitude for her valuable contribution in guiding the Company to achieve its vision and business plan.
Falguni Nayar, the Founder and CEO of Nykaa, left her 25-year career in finance to pursue her dream of building the online retailer for beauty and wellness. In December 2012, Nykaa launched its online portal, Nykaa.com.
She has served on the boards of several blue-chip companies like Tata Motors, ACC and Dabur India. Previously, Nayar served as an India Advisor at Temasek, a subsidiary of Temasek Holding Singapore. She was a founding member of the Asia Society in India and a Board Member with Business Standard.
Previously, in her long stint with Kotak Securities from 1994 to 2007, She has served in various positions. She started as Head of International Business from 1994 to 1997 in London and then from 1997 to 2001 in New York. She then served as Director and Head of Institutional Equities Business from 2001 to 2007 from Mumbai. She was associated with Kotak Investment Banking as Managing Director from 2007 to 2012.
Before joining Kotak Securities, Nayar worked as a Manager with A F Ferguson & Company from 1985 to 1993.
