Novartis India Limited announced that Milan Paleja has informed the board of directors of his decision to step down as the Vice Chairman & Managing Director, effective close of business hours on May 31, 2019 for embracing challenges outside of Novartis. The Board requested the Nomination & Remuneration Committee to identify and recommend a suitable successor for the role of Managing Director of the Company.
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5-day change | 1st Jan Change | ||
1,018 INR | +1.53% | -2.59% | +31.64% |
1st Jan change | Capi. | |
---|---|---|
+31.64% | 296M | |
+42.60% | 750B | |
+34.11% | 606B | |
-6.39% | 356B | |
+18.56% | 326B | |
+6.33% | 286B | |
+18.08% | 246B | |
-3.44% | 213B | |
+11.35% | 213B | |
+2.12% | 167B |
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- Novartis India Limited Announces Step Down of Milan Paleja as Vice Chairman & Managing Director