Management Change1 Oct 2026, 01:39 pm
Hikal Ltd: Executive Chairman Cessation, Director Resignation, New CEO Appointed
AI Summary
Hikal Ltd announced significant management changes following a Board Meeting on October 01, 2026. Mr. Jai Hiremath has ceased his term as Executive Chairman, with effect from October 01, 2026, and will assume the honorary position of "Chairman Emeritus" for five years. Mrs. Sugandha Hiremath resigned as Non-Executive Director due to personal commitments, effective September 30, 2026. The Board also approved the appointment of Mr. Anish Swadi as CEO-Animal Health and Specialty Ingredients, effective October 01, 2026. These changes follow the recommendations of the Nomination and Remuneration Committee.
Key Highlights
- Executive Chairman Jai Hiremath's term ends; appointed Chairman Emeritus.
- Non-Executive Director Sugandha Hiremath resigns due to personal reasons.
- Anish Swadi appointed as CEO-Animal Health and Specialty Ingredients.
- Changes effective from October 1, 2026, following Board approval.
- Founder Jai Hiremath recognized for significant contributions over four decades.
Price Impact
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