Syngene International Limited has announced the resignation of Independent Director Mr. Kush Parmar, effective July 29, 2026. Mr. Parmar is stepping down due to increasing commitments in the USA and an inability to devote sufficient time to the company. His resignation also entails his cessation as a member of the Risk Management Committee and the Science and Technology Committee. The Board has acknowledged his contributions and accepted his resignation.
Board Resignation Announced
Syngene International Limited has officially notified the stock exchanges regarding the resignation of Mr. Kush Parmar (DIN: 09212020) from his position as an Independent Director. This resignation is effective from the close of business hours on July 29, 2026. The company stated that Mr. Parmar’s departure is necessitated by his existing and increasing commitments in the USA, which limit his ability to dedicate sufficient time to Syngene while residing outside India.
Committee Memberships Conclude
In line with his resignation from the Board, Mr. Parmar will also cease to be a member of two key committees: the Risk Management Committee and the Science and Technology Committee. The Board of Directors expressed their sincere appreciation for Mr. Parmar’s valuable contributions and guidance during his tenure, highlighting the immense benefit derived from his experience, independent judgment, and unwavering commitment.
Confirmation of No Other Reasons
The announcement further includes a confirmation from Mr. Parmar, as per regulatory requirements, stating that there are no other material reasons for his resignation other than those explicitly mentioned in his resignation letter. The company has made this information, along with the resignation letter, available on its official website, www.syngeneintl.com, for public access.
Source: BSE
