Sanofi India Announces CFO Stepping Down, Director Role Ceasing on September 30, 2026
Sanofi India Limited has announced that Mr. Rachid Ayari will be stepping down from his leadership roles within the company, effective September 30, 2026. The departure follows his transition to another role within the wider Sanofi group.Mr. Ayari is set to cease serving as the Whole Time Director and Chief Financial Officer (CFO) of Sanofi India Limited. Additionally, he will step down from roles including Key Managerial Personnel, Senior Management Personnel, and member of the Risk Management Committee. The changes are scheduled to take effect from the close of business hours on September 30, 2026.
The Company stated that Mr. Ayari’s decision to step down is due to his transition into a new capacity within the Sanofi group.
Sanofi India Limited extended its sincere appreciation to Mr. Rachid Ayari for his valuable contributions, expert guidance, and dedicated assistance provided throughout his tenure with the organization.
Looking ahead, the company confirmed that it is currently in the process of identifying a suitable candidate to fill the position of Chief Financial Officer, who will also be designated as a Key Managerial Personnel. The appointment of the new CFO will be communicated to the Stock Exchanges in due course.
SANOFI Stock Price Movement
As of 10:35 AM, shares of Sanofi India Limited shed ₹0.80 or 0.02%, trading at ₹3408.6 as the stock continues to trend lower. The stock has moved on a relatively light volume, with a total of 4,140 shares traded thus far today.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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