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Alembic Limited Announces New Director Appointments Following Postal Ballot

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Alembic Limited Announces New Director Appointments Following Postal Ballot

An announcement from Alembic Limited ( (IN:ALEMBICLTD) ) is now available.

Alembic Limited announced the results of its postal ballot, where shareholders approved the appointments of Mr. Mayurdhvaj Jadeja and Mr. Sanjeev Shah as Independent Directors, and Mr. Jain Parkash as a Non-Executive Non-Independent Director. These appointments, passed with a requisite majority, are expected to enhance the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder relations positively.

More about Alembic Limited

Alembic Limited operates in the pharmaceutical industry, focusing on the production and distribution of pharmaceutical products and services. The company is headquartered in Vadodara, India, and is listed on major stock exchanges such as BSE and NSE.

YTD Price Performance: -24.56%

Average Trading Volume: 47,775

Current Market Cap: 24.95B INR

Find detailed analytics on ALEMBICLTD stock on TipRanks’ Stock Analysis page.

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