Dr. The shareholders of Reddy’s Laboratories have authorized GV Prasad to re-appoint GV Prasad within the forty first annual basic assembly of the corporate hung on July 24, 2025 from January 30, 2026 to January 29, 2031 as co-Speaker and Managing Director for a duration of five years. According to the advice of the nomination, govt and reimbursement committee, this re -application was once to start with authorized by way of the Board of Administrators on Would possibly 9, 2025.
| Main points | Acquaintance |
|---|---|
| Explanation why for trade | GV Prasad’s reconstruction as co-chairman and managing director |
| Re-reunit | Efficient from January 30, 2026 |
| Length | 5 years (January 30, 2026 to 29 January, 2031) |
| Courting between administrators | GV Prasad, the corporate’s president Ok is Satish Reddy’s brother -in -law |
Temporary advent to GV Prasad
GV Prasad, Dr. Reddy’s Laboratories are one of the most promoters and are hired as co-chairman and managing director. He has a Bachelor of Engineering stage in Chemical Engineering from Illinois Institute of Generation in Chicago and MS in Business Management from Purdue College in Indiaa. Has performed
GV Prasad via analysis, innovation, transparency, industry ethics and streamlined company construction via Dr. He has performed a very powerful function in shaping Reddy’s. His management has helped the corporate acquire international reputation for clinical innovation, practices of revolutionary folks and prime requirements of company governance. He’s fascinated with expanding the corporate’s affiliation with human sides of well being, advising leaders and working innovation in science, generation and digitization, in addition to supporting the planets, objective and hobby of sufferers.
With the enjoy enjoy of over 36 years within the pharmaceutical trade, GV Prasad guarantees that Dr. Reddy’s is easily ready for the longer term by way of estimating long term developments and imagining the way forward for healthcare. He’s additionally energetic within the board of private and non-private establishments such because the Indian Faculty of Industry (ISB) and the World Basis for Analysis and Training. Moreover, he’s a member of the McCinse Middle for CEO Excellence and the Governing Frame of the Institute of Public Well being Sciences Hyderabad Society.
GV Prasad was once integrated in India’s most sensible 50 CEOs by way of Outlook mag in 2017 and was once known as one of the most most sensible 5 most respected CEOs in India by way of Industry Global in 2016. He was once additionally integrated within the ‘Drugs Maker 2018 Energy Checklist’ and was once named India Industry Chief of the Yr by way of CNBC Asia in 2014 and 2015.
Shareholder approval
The renovation of GV Prasad was once authorized by way of shareholders with the desired majority within the forty first AGM, which displays the corporate’s accept as true with of their management and perspective.
Regulatory compliance
The announcement has been made in compliance with SEBI (record duties and disclosure necessities) Legislation, 2015 Legislation 30 and SEBI Circle Quantity SEBI/HO/CFD/POD 2/P/0155 dated November 11, 2024.