Syngene International has announced a significant leadership transition. Mr. Peter Bains will step down as Managing Director and CEO, effective at the close of business on June 30, 2026. Mr. Siddharth Mittal has been appointed to succeed him, assuming the role effective July 1, 2026. Mr. Mittal will also take over the responsibility for determining the materiality of information for public disclosures.
Management Change at Syngene International
Syngene International has confirmed a formal transition in its top executive leadership. Mr. Peter Bains, who has served as the Managing Director and Chief Executive Officer, will be stepping down from his position. His tenure as CEO will conclude at the end of the business day on June 30, 2026.
New Appointment and Responsibilities
Following the departure of Mr. Bains, Mr. Siddharth Mittal will step into the role of Managing Director and Chief Executive Officer, effective July 1, 2026. As part of this transition, Mr. Mittal will be authorized to oversee the determination of the materiality of events and information, ensuring necessary disclosures are made to the stock exchanges. The company’s core financial and secretarial functions, led by Mr. Deepak Jain (Chief Financial Officer) and Mr. Chethan Yogesh (Company Secretary and Compliance Officer), remain unchanged.
Source: BSE
