Laurus Labs Limited has informed the Exchange regarding Change in Director(s) of the company.
LAURUSLABS · price
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Laurus Labs Board has approved the appointment of two new Independent Directors: Dr. Shekhar Chintamani Mande and Ms. Sutapa Banerjee, both for a 5-year term effective July 2, 2026, subject to shareholder approval. Dr. Mande is a distinguished scientist and former Director General of CSIR, while Ms. Banerjee has over 30 years of experience in financial services and wealth management. Mrs. Aruna Bhinge will retire as Independent Director on July 6, 2026, upon completion of her second term which began in July 2021. All new directors are unrelated to any existing Directors or Key Managerial Personnel.
Routine board refreshment with balanced replacement of independent directors; no material impact expected on stock price as these are governance changes and all directors are independent and unrelated to promoters.