Glenmark Life Sciences Limited announced changes to the board. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at its Meeting has approved the appointment of Mr. Vinod Naik as an Additional Director designated as Whole Time Director and Key Managerial Personnel effective October 21, 2022. Presently, Mr. Vinod Naik is the Group Vice President and Head of the Technical Operations of Company and has been associated with Company since March 12, 2020.

He oversees the daily operations of the manufacturing plants such as production and manufacturing of APIs and intermediates. He is also responsible for the supply chain function of Company. He holds a bachelor's of science degree and a master's of science degree from the Karnatak University, Dharwad.

He has also completed a masters program in business administration with a specialization in financial management from the National Institute of Management. Prior to joining the Company, he was working with Sun Pharmaceutical Industries Limited. He had also been associated with Micro Labs Limited, as Vice President ­ Technical & Operations and Cipla Limited where he was heading manufacturing units.

Mr. Sumantra Mitra, Whole Time Director of the Company has stepped down from the position of Whole Time Director of the Company from the close of business hours of October 21, 2022. Mr. Sumantra would continue to serve the Company as a Head - Human Resources. Accordingly, Mr. Sumantra Mitra will cease to be the Whole Time Director and Key Managerial Personnel of the Company from the close of business hours of October 21, 2022.