Gland Pharma Limited has announced that Ankit Gupta, the Vice President overseeing Strategy, Investments, and Investor Relations, has tendered his resignation to pursue other professional opportunities. His resignation was formally accepted and approved by the Nomination and Remuneration Committee of the Board of Directors on December 3, 2024. As per the company’s disclosure, Ankit Gupta will be relieved from his duties at the close of business hours on December 31, 2024, and he will cease to be a Senior Management Personnel (SMP) starting January 1, 2025.

This move follows the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely disclosure of such events. The company has filed the necessary disclosures with the BSE and NSE. Gupta’s resignation has been documented in the official letters, with the relevant details outlined in Annexure A and Annexure B of the filing.

Gupta’s departure marks a significant change in Gland Pharma’s senior management team. In his resignation letter, Ankit Gupta expressed gratitude for his tenure at Gland Pharma, acknowledging the opportunities he was afforded both in India and at Cenexi. He mentioned that the decision was not an easy one, as he has enjoyed his time with the company. However, he is looking forward to pursuing a new opportunity that aligns with his long-term professional goals. He has committed to ensuring a smooth transition and assisting in handing over his responsibilities.

For further updates on leadership changes and corporate disclosures, investors and stakeholders are advised to follow the BSE and NSE announcements. Gland Pharma continues to move forward with its strategic initiatives and remains a significant player in the pharmaceutical industry.

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