Management Change8 Oct 2026, 08:50 pm
Parmax Pharma Independent Director Resigns
AI Summary
Mr. Nikhil Uchat has resigned as an Independent Director of Parmax Pharma Ltd. effective October 8, 2026. The resignation is attributed to a change in management following the acquisition of a majority stake and completion of an open offer. Mr. Uchat confirmed no other material reasons for his departure and stated he holds no directorships or committee memberships in other listed entities.
Key Highlights
- Independent Director Mr. Nikhil Uchat resigns from Parmax Pharma.
- Resignation effective October 8, 2026, due to change in management.
- Change in management follows a majority stake acquisition and open offer.
- Director confirms no other material reasons for resignation.
Price Impact
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