Titan Company Limited on the recommendation of the Board Nomination and Remuneration Committee considered, and approved the appointment of Mr. N.S Raghavan, currently serving as the Chief Sales & Marketing Officer of Eyecare Division of the Company, as the Chief Executive Officer (CEO) of EyeCare Division. Mr. Saumen Bhaumik, currently the CEO of EyeCare Division of the Company will take over the position of Managing Director of CaratLane Trading Private Limited (CaratLane), Subsidiary of the Company where Titan holds 99.99%. The transition of these roles will be completed on or before 1st October 2024.

Raghavan joined Titan in December 2023 and brings with him over 27 years of experience in eyewear industry, and he brings in a wealth of expertise and impressive track record of success. Mr. raghavan holds an MBA in marketing from symbiosis institute of management studies and executive management degree from INSEAD and ESSEC business schools.