Hikal Limited — Important, 03-12-2024: Updates

Hikal Ltd. has disclosed the resignation of Mr. Ketan Karkhanis, Assistant Vice President of Information Technology, and Mr. Rakesh Ganorkar, Vice President - R&T - Pharma – CDMO. This leadership change may have implications for the company's operational capabilities in technology and pharmaceutical services. Stakeholders should monitor the impact of these resignations on project continuity and strategic initiatives, as leadership transitions can affect organizational stability. The company remains focused on maintaining its operational effectiveness amid these changes.