
Board Meeting19 Mar 2026, 05:45 pm
Cipla Ltd: P R Ramesh Appointed as Vice Chairman, Robert Stewart to Step Down
AI Summary
In a recent board meeting, Cipla Ltd announced the appointment of P R Ramesh as the Vice Chairman of the company, effective from 1st April 2026. Additionally, Robert Stewart, an Independent Director, has expressed his intention not to seek re-appointment for a second term upon completion of his current term on 13th May 2026. The company also approved an investment of up to USD 100 million in Cipla (EU) Limited for onward financial assistance to InvaGen Pharmaceuticals Inc. and approved a Scheme of Amalgamation of Inzpera Healthsciences Limited with the company.
Key Highlights
- P R Ramesh appointed as Vice Chairman
- Robert Stewart to step down after current term
- Investment of up to USD 100 million in Cipla (EU) Limited
- Scheme of Amalgamation of Inzpera Healthsciences Limited with the company