Indoco Remedies Announces Demise of Non-Executive Director Dr. Anand Nadkarni
Indoco Remedies Limited has disclosed the demise of Dr. Anand Nadkarni (DIN: 06881461), Non-Executive Director, on 15th May, 2026, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The filing was submitted to both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited. The Company described his passing as an irreparable loss and extended condolences to his family. The cessation date is recorded as 15th May, 2026.

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Indoco Remedies Limited has formally intimated the stock exchanges regarding the demise of Dr. Anand Nadkarni (DIN: 06881461), Non-Executive Director of the Company, on Friday, 15th May, 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited.
Regulatory Disclosure Under SEBI Regulation 30
The intimation was filed by Ramanathan Hariharan, Company Secretary & Head Legal of Indoco Remedies, on 15th May, 2026. The filing references SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, under which the requisite details of the cessation have been disclosed as Annexure A.
The following details have been provided as required under the applicable regulatory framework:
| Parameter: | Details |
|---|---|
| Name: | Dr. Anand Nadkarni (DIN: 06881461) |
| Reason for Change: | Demise |
| Date of Cessation: | 15th May, 2026 |
| Brief Profile (Appointment): | Not Applicable |
| Disclosure of Relationships: | Not Applicable |
Company Pays Tribute
Indoco Remedies expressed profound grief over the sudden and unexpected passing of Dr. Anand Nadkarni. The Company noted that his association as a Non-Executive Director had immensely benefitted the organisation, and described his loss as irreparable. All directors and employees of the Company conveyed deep sympathy, sorrow, and condolences to his family.
Historical Stock Returns for Indoco Remedies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.28% | -10.27% | +6.29% | -14.45% | -10.70% | -36.58% |
Who is likely to be appointed as the replacement Non-Executive Director at Indoco Remedies, and what expertise profile will the board seek to fill the vacancy?
How might the sudden board vacancy impact Indoco Remedies' ongoing strategic initiatives, regulatory approvals, or key committee functions that Dr. Nadkarni may have overseen?
What is the timeline within which Indoco Remedies is required to fill the Non-Executive Director position under SEBI's corporate governance norms, and could any delay attract regulatory scrutiny?


































