Cipla Limited's Board of Directors has approved important organizational changes affecting Key Managerial Personnel (KMPs) and Officers authorized under SEBI Listing Regulations. The board meeting, held on January 23, 2026, addressed regulatory compliance requirements and updated contact information for senior management positions.

Board Meeting Details and Regulatory Compliance

The board meeting commenced at 11:00 a.m. IST and concluded at 2:00 p.m. IST on January 23, 2026. The primary agenda focused on approving changes in Key Managerial Personnel under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These changes will become effective from April 1, 2026, ensuring the company maintains full regulatory compliance across all listing requirements.

Updated Key Managerial Personnel Structure

The board approved contact details and designations for four key management positions. The updated KMP structure reflects the company's commitment to maintaining transparent communication channels with regulatory authorities and stakeholders.

Management Contact Information

Mr. Achin Gupta, serving as Managing Director and Global Chief Executive Officer, maintains his office at Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400013. The primary phone contact remains 022-41916000 for executive communications. The other key personnel maintain dedicated email channels for their respective functional areas, ensuring streamlined communication for regulatory and business matters.

Regulatory Notifications and Disclosure

Cipla Limited has formally notified multiple stock exchanges about these personnel changes. The company submitted notifications to BSE Limited (Scrip Code: 500087), National Stock Exchange of India Limited (Scrip Code: CIPLA), and Societe de la Bourse de Luxembourg. Additionally, the company has disclosed this information on its official website at www.cipla.com under the Investors Section, maintaining transparency with all stakeholders.

Implementation Timeline

The approved changes in Key Managerial Personnel will take effect from April 1, 2026. This timeline allows for proper transition and ensures continuity in regulatory compliance and operational management. The formal documentation was signed by Company Secretary Rajendra Chopra on January 23, 2026, at 14:07:31 IST, completing the regulatory notification process.

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.

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.