Relic Technologies Ltd Appoints Sachin Srivastava as Whole Time Director and CEO; Executive Director Resigns
Relic Technologies Limited announced several key management changes following its Board of Directors meeting held on June 13, 2026. The company appointed Mr. Sachin Srivastava, granting him the positions of Additional Director, Whole Time Director, and Chief Executive Officer (CEO). Concurrently, the board noted the resignation of Mr. Karthik Iyer as Executive Director.The appointments related to Mr. Sachin Srivastava were formalized on June 13, 2026. He was appointed after being identified as a seasoned professional with nearly 25 years of experience in pharmaceutical sales and marketing. His extensive background includes expertise in team building, branding activities, crafting organizational strategy, market share growth, and profitability improvement within the pharma business sector.
In addition to the new appointments, the Board meeting approved the terms of remuneration for Mr. Srivastava. The directors also approved revisions to the Directors' Report for the financial year 2025-26, specifically requiring necessary disclosures concerning his appointment as Whole Time Director. Furthermore, approval was granted for revising the Notice of the Annual General Meeting for FY 2025-26, which includes items related to the new Chief Executive Officer appointment.
The Board meeting also noted the resignation of Mr. Karthik Iyer from the position of Executive Director, effective June 13, 2026.
Key appointments and changes at Relic Technologies Limited:
| Particular | Details |
|---|---|
| New Appointment | Mr. Sachin Srivastava as Additional Director and Whole Time Director/CEO |
| Date of Appointment | June 13, 2026 |
| Experience Summary (Mr. Srivastava) | Nearly 25 years in pharmaceutical sales and marketing; experience covers branding, strategy crafting, and profit improvement. |
| Resignation Noted | Mr. Karthik Iyer as Executive Director |
| Effective Date of Resignation | June 13, 2026 |
Stock Price Movement
Relic Technologies Ltd closed out trade on Thursday at ₹71.05, settling flat after trading sessions concluded. The shares experienced minor intraday volatility, finding their range 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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