Announced Thu, 14 May · 19:04 IST
Alembic Pharmaceuticals Limited has informed the Exchange about Resignation of Director/KMP/SMP
APLLTD · price
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Price reaction · full curve 14 horizons · vs prior close
-7.5%1-day move
₹785.00
prior close
₹793.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-1.9-1.9-1.3-7.5-4.1-4.5-4.6-3.6-3.3-4.9-5.9+8.6—
Up moveDown movePending
AI summary
Alembic Pharmaceuticals has disclosed the resignation of Mr. Rohit Garg, Senior Vice President – Strategy & Business Excellence. He submitted his resignation on March 17, 2026, citing personal reasons. His last working day will be May 15, 2026. Rohit cited an over 5-year tenure with the company and thanked the organization for its support during his stint.
Likely market impact
The departure of a senior-level KMP may raise concerns about continuity in strategic leadership, especially in a key growth function. Investors should monitor for any operational disruption or replacement announcement.