Sanofi India Limited’s Board of Directors convened on Wednesday, March 25, 2026, to approve key governance matters. The primary agenda item was the appointment of Mr. Siraj Azmat Chaudhry as an Additional and Independent Director for a term of five years, effective April 1, 2026. The Board also ratified the dividend declaration previously approved on February 25, 2026. Mr. Chaudhry confirmed his non-debarment status prior to his appointment.
Board Meeting Outcome Summary
The Board of Directors of Sanofi India Limited held its meeting on Wednesday, March 25, 2026, to address governance changes and ratify previous financial decisions. The meeting commenced at 11:00 am and concluded at 12:05 pm, as recorded by the Company Secretary, Mr. Haresh Vala.
Appointment of Independent Director
The Board formally approved the recommendation for the appointment of Mr. Siraj Azmat Chaudhry (DIN: 00161853) as an Additional Director and Independent Director. This appointment is effective from April 1, 2026, for an initial term of five (5) consecutive years, concluding on March 31, 2031. Mr. Chaudhry is a seasoned expert with over 35 years of experience in the agriculture and food industry, previously serving as Chairman of Cargill India.
Director Profile Highlights
Mr. Chaudhry holds an MBA from the Indian Institute of Foreign Trade (IIFT). He is noted for his leadership in turning around businesses in the agriculture and food space. He has previously served as an Independent Director on boards including Jubilant Ingrevia Ltd. and Bikaji Foods International. He is also a founding member of United Way, Delhi, and India Foodbank.
Non-Debarment Confirmation
As part of the appointment process, Mr. Chaudhry provided a written confirmation (Annexure III) stating that he has not been debarred from being appointed as a Director by the Ministry of Corporate Affairs (MCA), Securities Exchange Board of India (SEBI), or any other statutory authority. This declaration is valid as of March 23, 2026.
Ratification of Financial Decisions
The Board also formally ratified the resolution concerning the final dividend for the financial year ended 31st December 2025. This dividend, which amounts to Rs. 10 for each equity share of Rs. 10 face value, had previously been intimated on February 25, 2026, and is subject to shareholder approval at the forthcoming 70th AGM.
Shareholder Meeting Details
The Seventh Annual General Meeting (“70th AGM”) of the Company is scheduled to be held on Wednesday, April 29, 2026 at 3:30 p.m. (IST) via Video Conferencing. The records date for entitlement purposes for both the AGM and the dividend is set as Wednesday, April 22, 2026.
Source: BSE
