Management Change26 Jun 2026, 06:50 pm
Sun Pharma Advanced Research Co. Announces Senior Management Changes
AI Summary
Sun Pharma Advanced Research Company Ltd. (SPARC) has announced changes in its Senior Management Team. Ms. Shanta Gupta, Functional Head – Human Resources & Administration, and Dr. Nitin Dharmadhikari, Chief Operating Officer, will retire effective June 30, 2026. Concurrently, Mr. Prasanna Deshmukh has been appointed as the new Functional Head – Human Resources & Administration, effective July 01, 2026. Mr. Deshmukh brings experience from Sun Pharmaceutical Industries Ltd. and prior roles at Marico Ltd. and Crompton Ltd.
Key Highlights
- Two senior management members to retire on June 30, 2026.
- New Functional Head – HR & Administration appointed.
- Appointment effective July 01, 2026.
- Changes align with SEBI Listing Regulations disclosure requirements.
Price Impact
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