Rachid Ayari Steps Down from Sanofi India as Whole Time Director and CFO Ahead of Transition
Sanofi India Ltd has announced that Mr. Rachid Ayari, currently serving as a Whole Time Director and Chief Financial Officer (CFO), will be stepping down from his roles in the company. This change is effective from the close of business hours on September 30, 2026.Mr. Ayari’s cessation includes his positions as the Key Managerial Personnel, Senior Management Personnel, and a member of the Risk Management Committee. The decision comes as part of his transition to another role within the Sanofi group.
The company expressed sincere appreciation for Mr. Ayari’s dedicated assistance and valuable contributions during his tenure with Sanofi India Ltd.
A structured overview of the change is provided below:
| Particulars | Details |
|---|---|
| Director Name | Mr. Rachid Ayari |
| Cessation Date | 30th September 2026 |
| Positions Ceasing | Whole Time Director, Chief Financial Officer, Key Managerial Personnel, Senior Management Personnel, and member of the Risk Management Committee |
| Reason for Change | Transition to another role within the Sanofi group. |
Sanofi India Ltd is currently in the process of identifying a suitable candidate who will serve as Chief Financial Officer and be designated as a Key Managerial Personnel. The company stated it will inform the Stock Exchanges upon making such an appointment.
SANOFI Stock Price Movement
As of 10:26 AM, shares of Sanofi India Limited trade at ₹3409.4, with the stock remaining stable as it posts a 0.00% change in live trading. The company's current activity involves a traded volume of 3,341 shares.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.
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