Dr. Reddy’s Laboratories announced the resignation of Mr. Deepak Sapra, who held the positions of CEO, API and Services, and Senior Management Personnel. His last day of employment will be November 12, 2026. Mr. Sapra is departing to pursue opportunities outside the organization after a tenure of over 23 years. The company has stated that a smooth transition and handover of responsibilities will be ensured.
Senior Management Change Announced
Dr. Reddy’s Laboratories Limited has officially disclosed a significant change in its senior management team. Mr. Deepak Sapra has resigned from his role as the Chief Executive Officer (CEO) of the API and Services division, as well as a key Senior Management Personnel of the company. This resignation marks the end of his long tenure with the organization.
Resignation Details and Effective Date
Mr. Sapra’s resignation is effective from the close of business hours on November 12, 2026. The company confirmed that his decision to leave is to pursue opportunities elsewhere. The resignation letter from Mr. Sapra, detailing his reasons for departure and his appreciation for his 23+ years of service since 2003, has been annexed with the formal disclosure.
Transition and Handover
Dr. Reddy’s Laboratories has assured stakeholders that Mr. Sapra will continue to support the organization during the transition period leading up to his departure. Efforts will be made to ensure a smooth handover of his responsibilities and duties to ensure continuity in the API and Services division’s operations.
Source: BSE