Management Change23 Jul 2026, 01:20 pm
Cipla Ltd: Head of API Business Ceases to be Senior Managerial Personnel
AI Summary
Cipla Ltd announced that its Board of Directors, in a meeting held on July 23rd, 2026, approved a change in the reporting structure for Mr. Sanjay Joseph, Head – API Business. Consequently, Mr. Joseph will cease to be classified as Senior Managerial Personnel (SMP) effective July 24th, 2026. This change is due to a shift in his reporting line within the company. Further details as required by SEBI Listing Regulations are provided in Annexure A.
Key Highlights
- Mr. Sanjay Joseph, Head – API Business, will no longer be SMP.
- Cessation is effective from July 24th, 2026.
- Change is due to a revised reporting structure.
- Disclosure made as per SEBI Listing Regulations.
Price Impact
More from CIPLA