BLISSGVSNSEBliss GVS Pharma Limited· PharmaceuticalsMediumNeutral
Announced Mon, 25 May · 18:57 IST

Bliss GVS Pharma Limited has informed the Exchange about Mr. Santosh Parab (DIN: 01622988) has completed his second and final term as an Independent Director. Consequently, he ceased to be a Director of the Company with effect from the close of business hours on May 25, 2026, and shall also cease to be a member of the Committees with effect from the same date.

Kmp ResignedManagement Changes View source PDF

BLISSGVS · price

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Price reaction · full curve 14 horizons · vs prior close
+24.8%1-day move
₹318.00
prior close
₹321.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.2+10.4+9.9+16.6+24.8+33.5+26.5+37.1+38.1+37.6+50.0+67.0+43.6
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AI summary

Mr. Santosh Parab has completed his second and final 5-year term as an Independent Director of Bliss GVS Pharma Limited. He ceased to be a Director effective close of business hours on May 25, 2026. He was originally re-appointed to the Board on May 26, 2021, for this 5-year term. With this exit, he also ceased to be a member of all Board Committees from the same date. The Company has expressed gratitude for his valuable contribution and guidance during his tenure.

Likely market impact

This is a routine board transition as Mr. Parab's term ended naturally. The Company will need to appoint a new Independent Director to fill the vacancy and maintain compliance with board composition requirements.