The Board of Directors of Sanofi India Limited, following their meeting on March 25, 2026, approved the convening of the 70th Annual General Meeting (AGM) on Wednesday, April 29, 2026. Furthermore, the Board approved the recommendation to appoint Mr. Siraj Azmat Chaudhry as an Additional and Independent Director for five years starting April 1, 2026. The meeting also confirmed the Record Date for the final dividend of Rs. 48 per equity share.
Key Decisions from the Board Meeting
Sanofi India Limited announced the outcomes of its Board of Directors meeting held on Wednesday, March 25, 2026. The primary decisions involved the scheduling of the AGM and a significant directorial appointment, alongside the confirmation of dividend payment details.
Convening of the 70th Annual General Meeting (AGM)
The Board has approved the convening of the Seventieth Annual General Meeting (’70th AGM’). The meeting is scheduled to take place on Wednesday, April 29, 2026, at 3:30 p.m. (IST), utilizing Video Conferencing / Other Audio-Visual Means (VC/OAVM).
Final Dividend Details Confirmation
The Board noted that the Final Dividend of Rs. 48 per equity share (Rs. 10 each) for the Financial Year ended December 31, 2025, previously recommended on February 25, 2026, is subject to member approval at the upcoming AGM. The definitive dates for dividend processing were set as follows:
- Record Date for Dividend Payment: Wednesday, April 22, 2026.
- Register Closure Period: From Thursday, April 23, 2026, to Wednesday, April 29, 2026 (both days inclusive).
Appointment of Independent Director Approved
Based on the recommendations of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Siraj Azmat Chaudhry (DIN: 00161853).
The key terms of the appointment are:
- Designation: Additional Director and Independent Director.
- Term: A first term of five (5) consecutive years.
- Effective Period: Commencing from April 1, 2026, to March 31, 2031 (both days inclusive).
The appointment is conditional upon the approval of the Members at the ensuing 70th AGM. Mr. Chaudhry will hold office as an Additional Director until the date of the AGM.
Brief Profile of Mr. Siraj Azmat Chaudhry
Mr. Chaudhry is noted as an industry expert with over 35 years of experience in leadership roles, particularly within Agriculture and Food Space. He previously served as the Chairman of Cargill India (2008–2018), where he oversaw significant expansion. He currently serves as an Independent Director on the Boards of Jubilant Ingrevia Ltd. and others, and is involved with various trade and industry bodies, including FICCI.
Non-Debarment Confirmation
A confirmation statement was received from Mr. Chaudhry, dated March 23, 2026, confirming he has not been debarred from appointment as a Director by the Ministry of Corporate Affairs (MCA), SEBI, or any other statutory authority.
Meeting Conclusion
The Board meeting commenced at 11:00 am and concluded at 12:05 pm on the date of the announcement.
Source: BSE
