Board of Biocon approves appointment of Executive Chairperson and MD

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Capital Market
Last Updated : Jan 24 2020 | 10:04 AM IST

At meeting heldon 23 January 2020

The Board of Biocon at its meeting held on 23 January 2020 approved the appointment of Kiran Mazumdar Shaw as Executive Chairperson of the Company. Her term as Managing Director of the Company would come to an end on 31 March 2020 and she is not seeking re-appointment as the Managing Director of the Company. The Board also approved the change in designation of Siddharth Mittal from Joint Managing Director to Managing Director of the Company. Accordingly, Siddharth Mittal will be the Managing Director and Chief Executive Officer of the Company. The changes are effective 01 April 2020.

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First Published: Jan 24 2020 | 9:45 AM IST

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