Fredun Pharmaceuticals Ltd — Updates, 20-06-2025: Company Update

Fredun Pharmaceuticals Ltd has announced the death of Mr. Nariman Bamansha Medhora, a Promoter and Non-executive Non-Independent Director who held 7.19 lakh shares (15.24%) in the company. Appointed as a Director in 2015, he played a key leadership role, contributing significantly to the company’s growth. His passing is a major loss, and he will no longer be part of the promoter group. This development may impact the promoter shareholding structure and leadership dynamics moving forward.