Mumbai, Sep 24: Hikal Limited, a trusted life sciences partner to global pharmaceutical, crop protection, animal health and speciality chemical companies, today announced that its shareholders have approved the appointment of Mr Sameer Hiremath as Chairman & Managing Director of the Company for a five-year term, effective October 1, 2026 to September 30, 2031.
The appointment was approved at Hikal’s 38th Annual General Meeting. Shareholders also approved the audited financial statements for FY2025-26, the final dividend of Rs. 0.40 and the re-appointment of Mr Sarangan Suresh as Executive Director.
Mr Sameer Hiremath has been associated with Hikal’s Board since May 1999 and was last reappointed as Managing Director at the Company’s 2021 Annual General Meeting. His continued association with the Company spans almost three decades, during which Hikal has expanded its capabilities across pharmaceuticals, crop protection and emerging life-sciences businesses.
Commenting on the occasion, Mr. Sameer Hiremath, Chairman & Managing Director, Hikal Limited, said:
“FY2025-26 was a year of resilience, disciplined execution and capability building for Hikal. We strengthened our core businesses while making focused investments in high-value capabilities, including complex chemistries, HPAPI, CDMO and advanced R&D infrastructure.
As we move forward, our focus will remain on strengthening our core businesses, accelerating our diversification into new geographies and growing our emerging business verticals like Animal Health and Speciality Chemicals, which include Personal Care. Under the current plan, we have healthy cash flows and strong financials, allowing us to focus on deepening customer partnerships and continuing to invest in technology, quality and manufacturing excellence”
The Company recently announced the commencement of commercial production of Personal Care products at its new cGMP-compliant multipurpose facility at Panoli, Gujarat. The facility marks Hikal’s entry into commercial-scale manufacturing for the global beauty and personal care industry.
Hikal has also been awarded the EcoVadis Gold Medal rating, placing it among the top 5% of companies assessed globally for sustainability performance.