Cipla Limited (CIPLA) — Board Meeting | 23 January 2026(3 announcements)

Cipla Limited's board approved changes to Key Managerial Personnel (KMPs) effective 1st April 2026. The restructuring includes appointments of Mr Achin Gupta as Managing Director and Global CEO, Mr Ashish Adukia as Global CFO, Mr Rajendra Chopra as Company Secretary, and Ms Meera Vanjari as Global General Counsel. The board meeting was held on 23rd January 2026.

Cipla's Board approved the re-appointment of Mr. P R Ramesh as Independent Director for a second five-year term from 1st July 2026 to 30th June 2031, subject to shareholder approval. Ramesh, a 45-year veteran with Deloitte Global Board experience and current Audit Committee chair at Cipla, brings expertise across manufacturing, banking, technology, and consumer sectors. He currently serves on boards of Air India, L&T, Nestlé India, and other leading companies.

Cipla Limited reported Q3 FY2025-26 consolidated revenue of ₹7,074.48 crores with net profit of ₹674.25 crores. The quarter included a ₹275.91 crore exceptional charge for new labour code implementation and the ₹1,107.28 crore Galvus trademark license acquisition from Novartis. The company completed the ₹110.65 crore acquisition of Inzpera Healthscience. Ongoing NPPA litigation poses ₹2,011 crore net outstanding demands. Nine-month revenue reached ₹21,621.39 crores.