Zydus Lifesciences has announced the appointment of Nitin D. Parekh as President (Special Projects), effective from September 8, 2025. This decision aims to strengthen the company's management team in response to the increasing scale and complexity of its business operations.
The appointment is based on the recommendation of the Nomination and Remuneration Committee and has been approved by the Board of Directors. Parekh will be part of the Senior Management team.
Nitin D. Parekh, aged 64 years, brings experience with multiple educational qualifications, including CA, CFA, and an MBA from the Indian Institute of Management, Ahmedabad. He is a finance leader with approximately four decades of professional experience across finance, strategy, legal, and IT, spanning both pharma and textiles. His expertise includes M&A, negotiations, capital structure design, and corporate strategy.
Parekh has received national level awards, including Best CFO of Healthcare & Pharma (2025) from Assocham and Hall of Fame (2024) from CFO Collective. He has also been recognized with Excellence in M&A from CII, Best CFO of India-Large Enterprises from Businessworld (2021), and Best CFO of the Healthcare sector in India from ICAI for 2012 and 2017. He has worked for more than 16 years with Zydus Lifesciences Limited as a Chief Financial Officer.
The appointment is made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circulars dated November 11, 2024, and December 31, 2024.
The term of appointment is 2 years.
Dhaval N. Soni, Company Secretary and Compliance Officer, has disclosed that the disclosure of relationship between directors is not applicable.
The announcement was made on September 5, 2025, with reference number 532321 for BSE Limited and Zyduslife for the National Stock Exchange of India Limited.
Dhaval N. Soni, Company Secretary and Compliance Officer, has disclosed that the disclosure of relationship between directors is not applicable.
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