Appointment of Non-Executive Independent Director
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Awaiting price reaction for this filing.
Sanjivani Paranteral Limited has appointed Mr. Basant Shrivastava (DIN: 02645245) as a Non-Executive Independent Director with effect from September 11, 2025, for a 5-year term, subject to shareholder approval at the next AGM. He is not related to any existing directors on the board. Mr. Shrivastava is a 69-year-old pharmaceutical industry veteran with over 40 years of experience in sales and marketing, having previously led regional sales at Johnson & Johnson and currently serving as Joint Director at Joint Force Pharma Ltd. and Director at Vita Bio International Pvt. Ltd. He holds an M.Sc. in Chemistry and an MBA in Marketing from Jamnalal Bajaj Institute of Management Studies, Mumbai.
This is a routine board strengthening move that adds deep pharmaceutical sector expertise to the company's leadership. For shareholders, this is governance-positive but largely neutral on the stock price in the short term.