The board of directors of Sun Pharma Advanced Research Company Limited at its Meeting held on May 24, 2024, accepted the resignation of Mr. Chetan Rajpara, Chief Financial Officer and Key Managerial Personnel of the Company from the services of the Company with effect from close of business hours on June 5, 2024. Appointed Mr. Anup Rathi as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from June 6, 2024, as recommended by Nomination and Remuneration Committee and based on approval of the Audit Committee. Mr. Anup Rathi has spent close to 2 years in SPARC as General Manager Finance & Accounts.

He has over 17 years of post- qualification work experience as a Chartered Accountant across a wide spectrum of finance functions. Prior to SPARC Mr. Anup Rathi has worked with NRB Bearings Ltd. and KEC International Ltd. (RPG Group Company) and has worked across multiple areas including Accounts, Finance, Treasury, Taxation, Investments, Banking Relationship. Anup is a Chartered Accountant (CA) and Company Secretary (CS).

He holds a Bachelor's Degree in Commerce (B.com) and a Bachelor's Degree in Law (LLB).