Morepen Laboratories Limited has informed the Exchange about Change in Senior Management Personnel
MOREPENLAB · price
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Morepen Laboratories has informed the stock exchanges that Mr. Vivan Prashar has been elevated from Assistant Vice President (Projects & Engineering) to Functional Head of Operations-API, effective June 4, 2025. Mr. Prashar has been with the company for over 13 years and has moved through various roles within the organisation. With this elevation, he will be classified as a Senior Management Personnel of the company. The disclosure was made under SEBI Listing Regulations, and the company has shared his profile details including his full-time employment status.
This is an internal promotion of a long-tenured employee into a senior management role and is a routine governance disclosure. It signals continuity in leadership for the API operations business but is unlikely to have any material impact on the stock price or shareholder value.