News Stocks Cipla Board Approves Re-appointment of P R Ramesh as Independent Director for Second TermCipla Board Approves Re-appointment of P R Ramesh as Independent Director for Second Term
Cipla Limited's Board has approved Mr P R Ramesh's re-appointment as Independent Director for a second five-year term from July 2026 to June 2031, subject to shareholder approval. The decision was made during a board meeting on January 23, 2026. Mr Ramesh, who has served as Independent Director since July 2021 and currently chairs the Audit Committee, brings over 45 years of experience and serves on boards of several leading companies including Air India, L&T, and Nestlé India.
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Cipla Limited's Board of Directors has approved the re-appointment of Mr P R Ramesh as Independent Director for a second consecutive five-year term. The decision was taken during a board meeting held on January 23, 2026, demonstrating the company's confidence in his continued leadership and expertise.
Re-appointment Details
The board meeting, which commenced at 11:00 a.m. (IST) and concluded at 2:00 p.m. (IST), approved Mr Ramesh's re-appointment subject to shareholder approval. The appointment will be effective for five consecutive years from July 1, 2026, to June 30, 2031.
| Parameter: | Details |
|---|---|
| Director Name: | Mr P R Ramesh |
| DIN: | 01915274 |
| Term Duration: | 5 years |
| Commencement Date: | July 1, 2026 |
| End Date: | June 30, 2031 |
| Status: | Subject to shareholder approval |
Professional Background and Qualifications
Mr P R Ramesh brings extensive experience to Cipla's board, with over 45 years of professional expertise across multiple sectors. He graduated in Commerce from Osmania University, Hyderabad, and is a Fellow Member of the Institute of Chartered Accountants of India (ICAI).
His distinguished career includes his tenure as Director of Deloitte & Touche Assurance & Enterprise Risk Services India Private Limited, from which he retired on March 31, 2020. During his time at Deloitte, he served as a member of both the Deloitte Global Board and Deloitte Asia Pacific Board, gaining valuable international experience.
Current Role and Responsibilities
Mr Ramesh has been serving as an Independent Director on Cipla's Board since July 1, 2021, and currently chairs the Audit Committee. His expertise spans multiple industry sectors including:
- Manufacturing
- Banking and financial services
- Technology, media, and telecommunications
- Energy and resources
- Consumer business sectors
Other Board Positions
Mr Ramesh serves on the boards of several leading companies, demonstrating his expertise and reputation in corporate governance:
- Air India
- Larsen & Toubro (L&T)
- Nestlé India
- Crompton Greaves Consumer Electricals
- ITC Hotels
Regulatory Compliance
The re-appointment has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Mr Ramesh is not debarred from holding the office of director by virtue of any SEBI order or any other authority. Additionally, he has no relationships with other directors of the company, ensuring independence in his role.
Historical Stock Returns for Cipla
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.14% | -6.03% | -12.49% | -10.88% | -9.51% | +56.93% |
