Compliance officer of Dr Reddy's Labs resigns

Published On 2021-10-31 03:30 GMT   |   Update On 2021-10-31 03:31 GMT

Hyderabad: Dr Reddy's Laboratories has recently announced that Mr. Sandeep Poddar, Company Secretary and Compliance Officer of the Company, has tendered his resignation from the services of the Company to pursue career opportunities outside of the Company.

Mr. Poddar will continue to act as the Company Secretary and Compliance Officer of the Company until the close of business hours on Thursday, November 18, 2021.

"The Company places on record its appreciation for the contributions made by Mr. Sandeep Poddar during his tenure as the Company Secretary and Compliance Officer of the Company and wishes him the very best in his future endeavours," the company said in a BSE filing.

The Company has initiated the succession process for the said position. The Board has designated Mr. Vivek Mittal, Global General Counsel of the Company as Interim Compliance Officer under Regulation 6(1) the SEBI (Listing obligation and Disclosure Requirements) Regulations, 2015 with effect from Friday, November 19, 2021.

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Read also: Dr Reddy's Labs launches Ephedrine Sulfate Injection in US

Dr. Reddy's Laboratories Ltd. is an integrated pharmaceutical company headquartered in Hyderabad, Telangana, India. Its major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management, and dermatology.

Dr. Reddy's operates in markets across the globe. The company's major markets include - USA, India, Russia & CIS countries, and Europe.
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