StockWatch
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Pharmaceuticals
Management Change11 Jul 2026, 05:40 pm

Sandu Pharma: Balram Viswanathan becomes Chairman & MD; Dr. Kapre joins board

AI Summary

Sandu Pharmaceuticals Ltd announced significant board changes following the demise of Managing Director Shri Umesh B. Sandu. Dr. Neeti Madan Kapre has been appointed as an Additional Non-Executive Independent Director for a five-year term. Concurrently, Shri Balram Viswanathan has been redesignated from Chairman and Non-Executive Independent Director to Chairman and Managing Director for three years, subject to member approval. The board also approved the reconstitution of key committees including Audit, Nomination and Remuneration, and Stakeholders' Relationship.

Key Highlights

  • Dr. Neeti Madan Kapre appointed as Additional Non-Executive Independent Director.
  • Shri Balram Viswanathan redesignated as Chairman and Managing Director.
  • Board committees reconstituted following management changes.
  • Demise of MD Shri Umesh B. Sandu noted with regret.