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Benchmark equities surged for the third consecutive day on Tuesday. PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, and Cipla are in focus for news developments and quarterly results. RVNL, Dixon, and Titagarh will also announce their fourth quarter results today.
Hamied will continue to remain associated with the company as a non-executive director who is liable to retire by rotation.
The company has cited
Samina Hamied steps down as Executive Vice Chairperson of the company, but will continue as a non-executive director.
Samina Hamied, executive vice-chairperson of Cipla, announced her decision to step down from her executive role due to personal and family commitments. She will continue to serve as a non-executive director of the company. Hamied, the daughter of M. K. Hamied and niece of Y. K. Hamied, has been instrumental in driving Cipla's transformation and played a key role in incubating Cipla's consumer health business.