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Board of SPARC approves resignation of MD and appoints CEO

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Capital Market
Last Updated : May 26 2021 | 10:05 AM IST

At meeting held on 25 May 2021

The Board of Sun Pharma Advanced Research Company at its meeting held on 25 May 2021 has approved the following:

Resignation of Dilip Shanghvi as the Managing Director of the Company with immediate effect. He will continue to be associated with the Board in his capacity as a non executive director and Chairman of the company.

The Board has appointed Anil Raghavan, as a Chief Executive Officer (CEO) and whole time key managerial personnel of the Company with immediate effect, for a term of five years i.e upto 24 May 2026.

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First Published: May 26 2021 | 9:55 AM IST

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