Laurus Labs Limited Announces Retirement of Independent Director Dr. Rajesh Koshy Chandy
Laurus Labs Limited has announced a change in its board composition following the retirement of an Independent Director, Dr. Rajesh Koshy Chandy.The company confirmed that Dr. Koshy Chandy is retiring from his role as an Independent Director. This change will be effective starting from the close of business hours on July 26, 2026.
Dr. Koshy Chandy completed his second term as an Independent Director with the retirement announcement. His tenure in this capacity spanned from July 27, 2021, until the closing date of July 26, 2026.
The material details regarding the change are summarized below:
| Detail | Information |
|---|---|
| Director Retiring | Dr. Rajesh Koshy Chandy (DIN: 07575240) |
| Reason for Change | Retirement as an Independent Director |
| Effective Date | Close of business hours on July 26, 2026 |
| Tenure | Second term, from July 27, 2021, to July 26, 2026 |
LAURUSLABS Stock Price Movement
As of 3:00 PM, shares of Laurus Labs Limited surge to ₹1591.00 in live trading, gaining 1.45% as the company trades robustly near its annual high point. The stock shows significant momentum, with a volume of 1.39 million shares traded today amidst this impressive rally.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.