MEDICAMEQNSEMedicamen Biotech LimitedMediumNeutral
Announced Fri, 13 Feb · 16:26 IST

Medicamen Biotech Limited has informed the Exchange about change in Management

Multiple Ind Directors ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Medicamen Biotech has informed the exchanges that two Independent Directors, Mr. Harish Pande (DIN: 01575625) and Mr. Arun Kumar (DIN: 07031730), have completed their term as Independent Directors effective February 13, 2026. Consequently, they have also stepped down from their roles as Chairman/Members of the Audit Committee, Nomination & Remuneration Committee, Stakeholders' Relationship Committee, Risk Management Committee, and CSR Committee. Mr. Sham Goel and Mr. Ashwani Kumar Sharma will continue as Chairman/Member of these committees, with Mr. Sham Goel also chairing the CSR Committee. The company also recalled that Mr. Sham Goel and Mr. Shaival Saurabh were appointed as Non-Executive Independent Directors in August 2025, with shareholder approval at the AGM in September 2025.

Likely market impact

This is a routine governance event arising from the natural expiry of independent director tenures, with continuity already ensured through pre-existing appointees. No material impact on operations or shareholder value is expected, though investors may note the change in board committee composition.