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Concord Biotech Updates Key Managerial Authorisations for Market Disclosures

Story Highlights
  • Concord Biotech has updated its list of key managerial personnel responsible for assessing material events.
  • The newly designated KMPs will oversee regulatory disclosures, strengthening the company’s governance and compliance framework.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Concord Biotech Updates Key Managerial Authorisations for Market Disclosures

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Concord Biotech Ltd. ( (IN:CONCORDBIO) ) has shared an announcement.

Concord Biotech Limited has revised the list of key managerial personnel (KMPs) authorized to determine the materiality of events and information and to make corresponding disclosures to stock exchanges under SEBI’s Listing Obligations and Disclosure Requirements. The updated authorized KMPs now include Chairman and Managing Director Sudhir Vaid, Joint Managing Director and CEO Ankur Vaid, Chief Financial Officer Raviraj Karia, and Company Secretary and Compliance Officer Hina Patel, a move that formalizes the company’s internal governance framework for market disclosures and reinforces its compliance processes for timely and accurate communication with investors and regulators.

More about Concord Biotech Ltd.

Concord Biotech Limited is an India-based biopharmaceutical company headquartered in Ahmedabad, Gujarat, operating in the biotech and pharmaceutical industry. The company focuses on manufacturing and supplying specialized pharmaceutical products, supported by registered office and plant facilities in Dholka, Ahmedabad district, and is listed on both the National Stock Exchange of India and BSE Limited under the symbol/scrip code CONCORDBIO/543960.

Average Trading Volume: 7,921

Technical Sentiment Signal: Sell

Current Market Cap: 144.3B INR

For detailed information about CONCORDBIO stock, go to TipRanks’ Stock Analysis page.

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