Nature of change: Resignation/cessation from multiple roles
Individual details: Mr. Rachid Ayari (DIN: 10408699)
Effective date: Close of business hours on 30th September 2026
Roles being vacated: Whole Time Director, Chief Financial Officer, Key Managerial Personnel, Senior Management Personnel, and member of the Risk Management Committee
Reason for resignation: Transition to another role within the Sanofi group organization
Resignation confirmation: Mr. Ayari's resignation letter dated 22nd July 2026 confirms no other material reasons for resignation apart from pursuing other professional opportunities within the Sanofi Group
Formal process: Company will complete formalities including filing required forms with Ministry of Corporate Affairs and intimating relevant authorities
Replacement process: Company is in process of identifying suitable candidate for CFO position who will also be designated as Key Managerial Personnel
Appreciation: Company places on record sincere appreciation for Mr. Ayari's valuable contributions, expert guidance, and dedicated assistance during his tenure
