StockWatch
·
Trading & Distributors
Management Change14 Aug 2026, 05:43 pm

Norris Medicines Appoints Vimal Shah as MD for 3 Years

AI Summary

Norris Medicines Limited announced the appointment of Mr. Vimal Dhirendra Shah (DIN: 01506655) as Managing Director for a term of three years, effective September 1, 2026, until August 31, 2029. This reappointment is subject to shareholder approval. Mr. Shah, a commerce graduate with over 15 years of business management experience, also serves on the Audit Committee and Stakeholders Relationship Committee. The company also reported its un-audited financial results for the quarter ended June 30, 2026, showing a net loss of ₹39.68 lakhs. The Board of Directors approved these results and the appointment during their meeting held on August 14, 2026.

Key Highlights

  • Vimal Dhirendra Shah appointed Managing Director for a 3-year term.
  • Appointment effective September 1, 2026, subject to shareholder approval.
  • Company reported Q1 FY27 un-audited net loss of ₹39.68 lakhs.
  • Mr. Shah has over 15 years of business management experience.
  • He is not related to any other Directors or KMPs.