CIPLA LTD. - Outcome of Board Meeting
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| 13 Mar 2014 | |
| Cipla Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 13, 2014, inter alia, has transacted the following items of business:-<br/><br/>1. Retirement of Mr. M. K. Hamied as Executive Vice-Chairman<br/><br/>Mr. M. K. Hamied has expressed his desire to retire as Executive Vice-Chairman of the Company. The Board unanimously acknowledges the outstanding contribution of Mr. M. K. Hamied to the Company over the past 30 years, and in deference to his wishes, has accepted his proposal to retire as Executive Vice-Chairman effective March 31, 2014.<br/><br/>Mr. M. K. Hamied however continues to be the Vice-Chairman of the Company in a non-executive role effective April 01, 2014.<br/><br/>2. Appointment of Mr. Rajesh Garg as Executive Director and Global Chief Financial Officer<br/><br/>Mr. Rajesh Garg has been designated as "Executive Director and Global Chief Financial Officer" and appointed as an Additional Director and Whole-time Director of the Company with effect from April 01, 2014. Mr. Rajesh Garg joined the Company as its Global Chief Financial Officer on June 03, 2013. | |
| View all announcements for CIPLA LTD. | Source: BSE India |
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