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| Exchange Disseminated Time | Sanofi India Ltd has informed BSE that Dr. Vijay Mallya, Chairman of Board of Directors of the Company, has informed the Board that he would not seek re-election as a Director at the ensuing Annual General Meeting (AGM).
A copy of the letter addressed to the Board by Dr Vijay Mallya is enclosed.
Consequently, Dr Mallya will cease to be a Director and Chairman of the Board of Directors of the Company at the conclusion of the Company’s Annual General Meeting.
The Board of Directors while accepting Dr Mallya’s decision placed on record its deep appreciation for his exceptional service and leadership firstly as a Director and subsequently as Chairman of the Board for over four decades. |
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