Unichem Laboratories Limited announced the re-appointment of Dr. Prakash A. Mody as Chairman and Managing Director on the company’s Board, with effect from July 1, 2023.
According to the company’s exchange filing, “we hereby inform you that upon recommendation of the Nomination and Remuneration Committee, the Board of Directors at its Meeting held today, i.e. Monday, June 26, 2023, approved the re-appointment of Dr. Prakash A. Mody (DIN:00001285) as the Chairman & Managing Director of the Company for a period of three years commencing from July 1, 2023, subject to the approval of the Shareholders.”
Dr. Prakash A. Mody, son of founder promoter, Late Shri Amrut Mody, completed his post-graduation from the University of Mumbai followed by a PhD in organic chemistry. He is a graduate alumni of Harvard Business School and the former president of the Indian Pharmaceutical Alliance, the industry body representing research based national pharmaceutical companies.
Dr. Mody is the Chairman of the Corporate Social Responsibility Committee and member of the Company’s Stakeholders Relationship Committee. He is a Director of the Company’s wholly owned subsidiary, Unichem Pharmaceuticals (USA) Inc.
Dr. Mody also acts as an Independent Director of Kewal Kiran Clothing Limited.
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