Brands
Shekhar Swarup named CEO of Globus Spirits
Longtime insider steps up to lead next growth phase of liquor major
NEW DELHI: Sometimes the next chief executive is already in the room. At Globus Spirits, that person is Shekhar Swarup.
The company has named Swarup as its chief executive officer, elevating a long-time insider who has spent nearly two decades helping shape the liquor maker’s operations and growth strategy.
Swarup has been with the company for over 17 years and most recently served as joint managing director, a role he has held since 2017. During this period, he worked closely on expanding Globus Spirits’ manufacturing footprint and strengthening its consumer brands portfolio.
Before that, he served as executive director from 2011 to 2017 and earlier held an executive role at the company between 2008 and 2011.
Headquartered in New Delhi, Globus Spirits operates across the alcohol value chain, manufacturing and marketing Indian Made Indian Liquor and Indian Made Foreign Liquor while also producing bulk alcohol and offering contract bottling services to other liquor companies.
The company is one of the country’s largest manufacturers of Grain Neutral Spirit, with installed capacities of about 500 kilolitres per day across four states. It also bottles around 1.5 million nine-litre cases every month, with nearly 80 per cent coming from its own brands.
Outside the company, Swarup is the founder of India Craft Spirits Co and serves as vice president of the All India Distillers’ Association.
An alumnus of the University of Bradford, where he studied Business and Management, Swarup also completed the Owner President Management programme at Harvard Business School between 2022 and 2024.
With his elevation, the company is signalling continuity at the top, placing a seasoned hand on the wheel as it looks to build on its presence in India’s competitive spirits market.
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.
In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.
A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.
Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.
Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.
Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
