Britannia approved the appointment of former Reserve Bank of India Governor Dr. Urjit Patel and Atul's MD Sunil Siddharth Lalbhai as Additional Non-Executive Independent Directors of the company for a term of five consecutive years, effective from July 2, 2024 up to July 1, 2029. Dr. Urjit Patel, 60, was 24th Governor of RBI, from 2016-18. During his tenure, he served on the Board of Directors for the Bank for International Settlements and the Advisory Board of the Financial Stability Institute.

Dr. Patel was the Deputy Governor at the RBI, overseeing monetary policy, economic research, and financial markets operations from January 2013. Between 2013 and 2018, he played a key role in the G-20 and BRICS Finance Ministers and Central Bank Governors groups. From 2022 to 2024, he was the Vice President of Investment Operations Region 1 at the Asian Infrastructure Investment Bank.

Currently, Dr. Patel is the Chairman of the National Institute of Public Finance and Policy.Sunil Lalbhai is the Chairman of the Board of Atul Limited since August 2007 and its Managing Director since June 1984.He was also appointed as convener by the Government of India to prepare Perspective Plan for Chemical Industry in 1989 and a report for 11th 5 year-plan for Chemical Industry 2006.