Relic Technologies Ltd Appoints New Whole Time Director & CEO Amidst Executive Resignation
Relic Technologies Limited has announced significant changes in its senior leadership structure, appointing Mr. Sachin Srivastava as a Whole Time Director and Chief Executive Officer. Concurrently, the company confirmed the resignation of Mr. Karthik Iyer from his role as Executive Director and Director of the company, effective June 13, 2026.The appointment of Mr. Sachin Srivastava comes following an appointment process that included additional directorship status prior to assuming full-time responsibilities. Mr. Srivastava brings extensive experience to the firm, having spent almost 25 years in pharmaceutical sales and marketing. His professional background includes a comprehensive understanding of various pharma business sectors, team building, brand management, strategic planning, and boosting organizational profitability and market share.
A summary of the appointment details is provided below:
| Particulars | Details |
|---|---|
| Name of the Company | Relic Technologies Limited |
| Name of Director | Mr. Sachin Srivastava |
| Reason for Change | Appointment |
| Date and Terms | June 13, 2026; appointed as Additional Director and subsequently as a Whole Time Director and Chief Executive Officer |
In separate news, Relic Technologies Limited confirmed the resignation of Mr. Karthik Iyer from his position as Executive Director. Mr. Iyer tendered his resignation due to personal and health reasons, which also includes stepping down as a Director of the Company, effective June 13, 2026.
The specifics related to the departure are outlined in the table below:
| Particulars | Details |
|---|---|
| Name of the Company | Relic Technologies Limited |
| Name of Director | Mr. Karthik Iyer |
| Reason for Change | Resignation |
| Date and Terms | Resigned as a Director of the Company effective June 13, 2026 |
Stock Price Movement
Relic Technologies Ltd settled at ₹71.05 on Thursday, showing zero percentage change for the stock. The shares moved within a narrow intraday range, trading between a low of ₹71.00 and a high of ₹71.05.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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