StockWatch
·
Pharmaceuticals
Management Change15 Sept 2026, 04:40 pm

Mangalam Drugs Appoints Prabhakar Zavar as Additional Independent Director

AI Summary

Mangalam Drugs & Organics Ltd announced the appointment of Mr. Prabhakar Raghunath Zavar as an Additional Independent Non-Executive Director. The appointment is for a term of five consecutive years, effective September 15, 2026, and is subject to shareholder approval at the upcoming Extra-Ordinary General Meeting. Mr. Zavar brings over 38 years of experience in Accounts, Finance, and Taxation, with expertise in export-oriented businesses and diversified client services. He is not related to any existing directors of the company. The board meeting where this was approved commenced at 2:30 PM and concluded at 3:25 PM on September 15, 2026.

Key Highlights

  • Mr. Prabhakar Raghunath Zavar appointed as Additional Independent Director.
  • Appointment is for a term of five years, effective September 15, 2026.
  • Subject to shareholder approval at the ensuing EGM.
  • Director Zavar has over 38 years of experience in finance and taxation.
  • Mr. Zavar is not related to any existing directors of the company.