RPG Life Sciences completes API business transfer to subsidiary

RPG Life Sciences Limited has completed the transfer of its Active Pharmaceutical Ingredients (API) business to RPG Active Pharma Limited, a wholly owned subsidiary. The transaction was executed on a slump sale basis and became effective on August 15, 2026.

The company disclosed the completion in a letter dated August 15, 2026, addressed to the National Stock Exchange of India Limited and BSE Limited. This follows a previous intimation issued on July 29, 2026, regarding the execution of the Business Transfer Agreement.

Regulatory Disclosure

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The move consolidates the API operations within the subsidiary structure, as confirmed by Rajesh Shirambekar, Head – Legal & Company Secretary.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.70%	+3.47%	-1.44%	+40.90%	+21.95%	+417.20%

RPG Life Sciences Limited has accepted the cessation of Samir Rane as Vice President, Sales & Marketing - Main Division, with effect from the close of business hours on July 31, 2026. The departure is consequential to his retirement upon attaining the age of superannuation, marking a transition in the company's senior management structure for its main division.

The disclosure was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the details to the National Stock Exchange of India Limited and BSE Limited, referencing SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Rajesh Shirambekar, Head – Legal & Company Secretary, signed the communication on July 31, 2026.

Cessation Details

The filing outlines the specific particulars regarding the change in senior management personnel:

Sr. No.	Particulars	Remarks
1	Reason for change	Mr. Samir Rane ceased to be a Senior Management Personnel upon his retirement on attaining the age of superannuation.
2	Date of Cessation	Close of business hours on July 31, 2026.
3	Brief Profile	Not Applicable
4	Disclosure of relationships between Directors	Not Applicable

What This Means for Leadership

Samir Rane’s role as Vice President, Sales & Marketing - Main Division, was part of the Senior Management Personnel framework defined under SEBI listing regulations. His retirement represents a standard succession event driven by age limits rather than voluntary resignation or removal. The company has not disclosed an immediate replacement in this filing, indicating that internal restructuring or external hiring for the Sales & Marketing - Main Division role may follow in subsequent announcements.