Alembic Pharmaceuticals Announces Resignation of Associate Vice President - Sales & Marketing

1 min read     Updated on 05 May 2026, 04:03 AM
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Naman SScanX News Team
AI Summary

Alembic Pharmaceuticals Limited disclosed the resignation of Mr. Goldee Pardesi, Associate Vice President - Sales & Marketing, effective 4th May 2026. The announcement was made to BSE and NSE under Regulation 30 of SEBI Listing Regulations, with the company confirming the change in senior management personnel.

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Alembic Pharmaceuticals Limited has notified the stock exchanges regarding the resignation of Mr. Goldee Pardesi from the position of Associate Vice President - Sales & Marketing. The resignation became effective from 4th May 2026, at the close of business hours, as per the intimation submitted to BSE Limited and National Stock Exchange of India Ltd.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has attached the required details as per the Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026.

Resignation Details

The following table outlines the key particulars of the change in senior management personnel:

Sr. No. Particulars Details of Change - Mr. Goldee Pardesi
1 Reason for change Resignation
2 Date of cessation 4th May, 2026 (close of business hours)
3 Brief profile (in case of appointment) Not Applicable
4 Disclosure of relationships between directors Not Applicable

The resignation intimation was signed by Manisha Saraf, Company Secretary of alembic pharmaceuticals , on 4th May 2026. The company's registered office is located at Alembic Road, Vadodara - 390 003.

The resignation follows an email communication from Mr. Pardesi dated 3rd February 2026, wherein he formally tendered his resignation to pursue new opportunities aligned with his professional and personal goals. He expressed gratitude for the support and opportunities provided during his tenure at the company.

Historical Stock Returns for Alembic Pharmaceuticals

1 Day5 Days1 Month6 Months1 Year5 Years
+1.35%+4.25%+14.05%-14.63%-12.24%-16.42%

How might the departure of a senior Sales & Marketing leader impact Alembic Pharmaceuticals' near-term revenue growth and market expansion strategies in key therapeutic segments?

Who is likely to be appointed as Mr. Pardesi's successor, and could this role be filled internally or will Alembic seek external talent to strengthen its commercial capabilities?

Does this resignation signal broader leadership instability within Alembic Pharmaceuticals' Sales & Marketing division, and could it trigger further attrition at the senior management level?

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Alembic Pharmaceuticals Records ₹15.52 Crore Block Trade on NSE at ₹769.05 Per Share

0 min read     Updated on 04 May 2026, 11:23 AM
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AI Summary

Alembic Pharmaceuticals recorded a block trade on the NSE involving approximately 2,01,791 shares at ₹769.05 per share. The total transaction value amounted to ₹15.52 crores. Block trades of this scale are typically associated with institutional-level participation in equity markets.

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Alembic Pharmaceuticals witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 2,01,791 shares transacted at a price of ₹769.05 per share, aggregating to a total deal value of ₹15.52 crores.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Parameter: Details
Exchange: NSE
Number of Shares: ~2,01,791
Trade Price: ₹769.05 per share
Total Trade Value: ₹15.52 crores

Transaction Overview

Block trades are large-volume transactions typically executed by institutional investors or significant market participants, often conducted outside the regular order book to minimize market impact. The trade in Alembic Pharmaceuticals involved approximately 2,01,791 shares at ₹769.05 apiece, culminating in a cumulative deal size of ₹15.52 crores on the NSE.

Historical Stock Returns for Alembic Pharmaceuticals

1 Day5 Days1 Month6 Months1 Year5 Years
+1.35%+4.25%+14.05%-14.63%-12.24%-16.42%

Could this block trade signal a potential change in institutional ownership structure, and how might it affect Alembic Pharmaceuticals' stock price trajectory in the near term?

Are there any upcoming product launches, regulatory approvals, or earnings announcements from Alembic Pharmaceuticals that could have motivated this large institutional transaction?

How does this block trade compare to historical institutional activity in Alembic Pharmaceuticals, and does it indicate growing or declining confidence among large investors?

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1 Year Returns:-12.24%