Hikal Limited has announced the appointment of Mr. Sameer Hiremath as its new Chairman and Managing Director. This strategic leadership change is effective from October 1, 2026, and will span a period of five years, concluding on September 30, 2031. Mr. Hiremath, who has been with Hikal for nearly three decades, brings extensive institutional knowledge and strategic acumen to lead the company’s future growth initiatives.
Hikal Announces Key Leadership Appointment
In a significant leadership transition, Hikal Limited has appointed Mr. Sameer Hiremath (DIN: 00062129) as the new Chairman and Managing Director of the company. This decision, unanimously approved by the Board of Directors following recommendations from the Nomination and Remuneration Committee and the Audit Committee, is subject to shareholder approval at the upcoming Annual General Meeting.
Leadership Tenure and Experience
Mr. Hiremath’s appointment is for a substantial term of five years, commencing on October 1, 2026, and concluding on September 30, 2031. He is currently the Vice Chairman and Managing Director and has been an integral part of Hikal for approximately three decades. His tenure is expected to leverage his deep institutional knowledge, strong business acumen, and strategic perspective to drive the company’s growth agenda.
Background and Qualifications
Mr. Hiremath’s expertise spans across Strategy, Business Development, Key Customer Relationships, Research & Technology, Manufacturing, Operations, and Industry Engagement. He holds a degree in Petrochemical Engineering and an MBA and MS in Information Technology from Boston University, USA. He has previously held several leadership positions at Hikal, including Executive Director, playing a pivotal role in the company’s evolution. He is also the son of Mr. Jai Hiremath and Mrs. Sugandha Hiremath. The company has confirmed that Mr. Hiremath is not debarred from holding a director’s office by any SEBI order or similar authority.
Board Meeting Details
The decision was made during a Board of Directors meeting held on August 26, 2026. The meeting commenced at 11:30 a.m. and concluded at 01:12 p.m. Further details regarding this appointment, as required by SEBI regulations and master circulars, are provided in an accompanying annexure.
Source: BSE
