Cipla Vice Chairman MK Hamied Resigns | Kamil Hamied Joins Board

Sep 03, 2024 18:55

MK Hamied steps down as Cipla Vice Chairman due to age and health. Kamil Hamied appointed as Non-Executive Director. Learn more about the leadership transition at Cipla.

New Delhi, Sep 3 (PTI) Drug major Cipla on Tuesday said MK Hamied has resigned as Vice Chairman with effect from October 29 due to age and health.

"It is with a heavy heart that I write to formally announce my resignation from the position of Vice Chairman and Non-Executive Director of the company," he said in a letter to the board of directors.

The company said the board has also approved the appointment of Kamil Hamied as Non-Executive Director, with effect November 1, 2024.

"I am pleased to see that Kamil Hamied will be joining the Board as a Non-Executive Director to maintain continuity while representing the promoter family," MK Hamied said in the letter.

Source: PTI

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Cipla Vice Chairman MK Hamied Resigns | Kamil Hamied Joins Board

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