
Board Meeting30 March 2026 at 11:31 am
Panacea Biotec Ltd Independent Director, CA Rajesh Jain, Resigns Due to Professional Commitments
AI Summary
CA Rajesh Jain, Independent Director of Panacea Biotec Ltd and its material wholly owned subsidiary, Panacea Biotec Pharma Limited, has resigned due to existing professional commitments and the increasing time demands arising from evolving regulatory and corporate governance requirements. His resignation will be effective from close of business hours on June 30, 2026.
Key Highlights
- CA Rajesh Jain resigns from his position as Independent Director of Panacea Biotec Ltd and its subsidiary, Panacea Biotec Pharma Limited.
- His resignation is due to existing professional commitments and increasing time demands from evolving regulatory and corporate governance requirements.
- His resignation will be effective from close of business hours on June 30, 2026.
- CA Rajesh Jain is also ceasing to be the Chairman / member of the Committees of the Board of Directors of the Company and PBPL.
- The Board and Management of the Company and PBPL have expressed appreciation and gratitude for his contribution and guidance towards the business growth of the Company.
PANACEABIOPharmaceuticals
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