Biocon Ltd Appoints Mukesh Rathi as New CTO, Ghatnekar Resigns

Biocon Ltd announced changes in its senior management personnel during its Board of Directors meeting held on November 4, 2026. Dr. Mandar Shrikant Ghatnekar has resigned as the Chief Technology Officer (CTO), with his last day being December 31, 2026. The company has appointed Mr. Mukesh Rathi as the new CTO, effective January 1, 2027. Mr. Rathi brings over 27 years of experience in digital transformation, AI, and technology management, having previously held leadership roles at Hinduja Group and Dr. Reddy's Laboratories. The board also approved the unaudited financial results for the quarter and half-year ended September 30, 2026.