Kimia Biosciences Director Prasad Raju Steps Down Citing Medical Reasons

1 min read     Updated on 12 Nov 2025, 12:57 PM
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Overview

Mr. Prasad Raju (Ramakrishnavara Prasada Raju Mantena), a director of Kimia Biosciences Limited, has resigned effective November 12, 2025, citing medical advice and personal well-being. The company has accepted his resignation and relieved him from duties on the same date. Mr. Raju expressed gratitude to the Board and colleagues, assuring full support for a smooth transition. The company has not provided information on a successor but confirmed no material reasons for the resignation beyond those stated.

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*this image is generated using AI for illustrative purposes only.

Kimia Biosciences Limited, a pharmaceutical company, has announced a significant change in its leadership. Mr. Prasad Raju (Ramakrishnavara Prasada Raju Mantena), a director of the company, has resigned from his position effective November 12, 2025. The resignation comes as a result of medical advice and personal well-being concerns.

Key Details of the Resignation

Particulars Details
Director Name Mr. Prasad Raju (Ramakrishnavara Prasada Raju Mantena)
Position Director
Resignation Date November 12, 2025
Last Working Day November 12, 2025
Reason for Resignation Medical advice and personal well-being

Company's Response

Kimia Biosciences Limited has accepted Mr. Raju's resignation and relieved him from his duties on November 12, 2025. The company made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director's Statement

In his resignation letter, Mr. Raju expressed his gratitude to the Board and his colleagues. He stated, "It has been an honour to serve and contribute to the growth of Kimia Biosciences Limited." Mr. Raju also assured his full support in ensuring a smooth transition of duties and responsibilities.

Impact and Next Steps

The company has not provided information on a successor but has confirmed that there are no material reasons for the resignation other than those mentioned in Mr. Raju's letter. The Board will likely begin the process of finding a suitable replacement to ensure continuity in the company's operations and strategic direction.

This change in directorship comes at a time when pharmaceutical companies are facing increasing challenges and opportunities in the global market. Stakeholders will be watching closely to see how Kimia Biosciences navigates this transition and continues to pursue its business objectives.

As per regulatory requirements, Kimia Biosciences Limited has duly informed the BSE Limited of this development, maintaining transparency with its investors and the market at large.

Historical Stock Returns for Kimia Biosciences

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%+9.47%-2.13%-18.81%-29.63%-25.20%
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Kimia Biosciences Reports Mixed Q1 FY2026 Results with Sequential Growth

1 min read     Updated on 16 Aug 2025, 03:12 PM
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Reviewed by
Ashish TScanX News Team
Overview

Kimia Biosciences Limited released unaudited standalone financial results for Q1 FY2026 ended June 30, 2025. Total income was ₹6,103.00 lakhs (-1.61% YoY, +20.18% QoQ), net profit ₹613.00 lakhs (-1.13% YoY, +6.06% QoQ), and EPS ₹4.31 (-2.05% YoY, +6.42% QoQ). The company showed resilience with significant sequential growth despite slight year-over-year declines. Results were published in English and Hindi newspapers for regulatory compliance.

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*this image is generated using AI for illustrative purposes only.

Kimia Biosciences Limited, an Indian pharmaceutical company, has released its unaudited standalone financial results for the first quarter ended June 30, 2025, showing a mixed performance with year-over-year declines but sequential improvements.

Financial Highlights

Metric Q1 FY2026 YoY Change QoQ Change
Total Income ₹6,103.00 lakhs -1.61% +20.18%
Net Profit ₹613.00 lakhs -1.13% +6.06%
Earnings Per Share (EPS) ₹4.31 -2.05% +6.42%

Performance Analysis

Kimia Biosciences demonstrated resilience in a challenging market environment. While the company experienced a slight decline in total income and net profit compared to the same quarter last year, it showed significant sequential growth, indicating a potential recovery trend.

The quarter-over-quarter improvements across all key financial metrics suggest that the company's strategies may be gaining traction, despite the year-over-year pressures.

Regulatory Compliance

In accordance with regulatory requirements, Kimia Biosciences has published its unaudited standalone financial results in both English and Hindi newspapers. This transparency measure ensures that stakeholders have access to the company's financial information in multiple languages.

Looking Ahead

As Kimia Biosciences navigates the dynamic pharmaceutical landscape, investors and analysts will likely keep a close eye on whether the company can maintain its sequential growth momentum and address the year-over-year declines in subsequent quarters.

The pharmaceutical sector continues to be a critical industry, and Kimia Biosciences' performance in the coming quarters will be instrumental in determining its position within the market.

Historical Stock Returns for Kimia Biosciences

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%+9.47%-2.13%-18.81%-29.63%-25.20%
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