Management Change13 Aug 2026, 04:40 pm
Dr Reddy's Laboratories CEO, API & Services Resigns
AI Summary
Dr. Reddy's Laboratories Ltd. announced that Mr. Deepak Sapra has resigned from his position as CEO of API and Services and as Senior Management Personnel. His resignation is effective from the close of business hours on November 12, 2026. Mr. Sapra cited pursuing opportunities outside the company as the reason for his departure. He has been with the organization for over 23 years, having joined in 2003. The company has stated that he will continue to support the organization during this transition period to ensure a smooth handover of responsibilities.
Key Highlights
- CEO of API and Services, Deepak Sapra, resigns.
- Cessation date is November 12, 2026.
- Reason for resignation is to pursue external opportunities.
- Sapra served the company for over 23 years.
- Smooth transition and handover are planned.
Price Impact
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