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Panacea Biotec LimitedOthers, 31-03-2025: Shareholders meeting

31-03-2025 · 07:52 pm

Panacea Biotec Limited has announced a board meeting to disclose the voting results from the postal ballot, where shareholders approved all proposed resolutions. Notably, Mr. Sandeep Jain has been re-appointed as Joint Managing Director for three years effective April 1, 2025, while Mr. Ankesh Jain will continue as Whole-time Director for five years from the same date. The voting showed robust support, with over 99% of votes in favor. This strong backing highlights shareholder confidence, potentially creating a positive outlook for the company's leadership stability and strategic direction moving forward.

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