Torrent Pharmaceuticals Limited has announced that three members of its Senior Management Personnel (SMP) – Hasmukh Patel, Sushil Jaiswal, and Sunil Nadkarni – have ceased to be part of the senior management team. This change is effective from July 30, 2026, and is attributed to a shift in the company’s reporting structure. The company has provided details regarding this change in its Annexure-A.
Senior Management Changes at Torrent Pharmaceuticals
Torrent Pharmaceuticals Limited has formally notified the stock exchanges of a change in its senior management cadre. Effective July 30, 2026, three key individuals designated as Senior Management Personnel (SMP) – Hasmukh Patel, Sushil Jaiswal, and Sunil Nadkarni – have ceased to be part of the company’s senior management team. This development stems from an internal realignment of the company’s reporting structure.
Disclosure Details
The company has provided specific details regarding the cessation of these SMPs in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the submitted annexure, the reason for their departure from senior management is solely due to the change in the reporting structure. The effective date for all three individuals is July 30, 2026, with their cessation being effective from the close of business hours on that day. Information regarding appointment dates, reappointment, resignation, removal, death, or otherwise is detailed in the annexure. Their brief profiles and any disclosures of relationships between directors are noted as ‘Not applicable’ in the context of this change.
Source: BSE
