Fredun Pharmaceuticals Appoints Daisy Cyril Dsouza as Additional Independent Director
Fredun Pharmaceuticals Limited has appointed Ms. Daisy Cyril Dsouza as an Additional Independent Director for a five-year term from November 24, 2023 to November 23, 2028. Ms. Dsouza, with a Master's in Commerce from the University of Mumbai, brings extensive banking experience from Mandvi Bank and Saraswat Bank. She is not related to any existing company personnel and is not debarred from holding directorial positions.

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Fredun Pharmaceuticals Limited has announced a significant addition to its leadership team. The company's Board of Directors has appointed Ms. Daisy Cyril Dsouza as an Additional Independent Director, following the recommendation of the Nomination & Remuneration Committee.
Key Details of the Appointment
- Term: Five years, from November 24, 2023 to November 23, 2028
- Position: Additional Independent Director
- Approval: Board of Directors, based on Nomination & Remuneration Committee recommendation
About Daisy Cyril Dsouza
Ms. Dsouza brings a wealth of experience and academic credentials to her new role:
- Education: Master's in Commerce from University of Mumbai (1995)
- Banking Experience:
- Mandvi Bank: 12-13 years (since 1996)
- Saraswat Bank: Approximately 12 years (since 2007)
Independence and Compliance
The company has emphasized that Ms. Dsouza:
- Is not related to any Director, Key Managerial Personnel, or Promoters of Fredun Pharmaceuticals Limited
- Is not debarred from holding directorial positions
This appointment aligns with corporate governance best practices, ensuring independence in the board's composition.
The addition of Ms. Dsouza to the board is expected to bring fresh perspectives and valuable insights, particularly given her extensive experience in the banking sector. Her appointment may contribute to strengthening Fredun Pharmaceuticals' financial strategies and corporate governance framework.
Historical Stock Returns for Fredun Pharmaceuticals
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.26% | +12.58% | +19.99% | +94.43% | +66.07% | +465.34% |