Vimta Labs Limited Re-Designates S P Vasireddi as Non-Executive Director & Chairman, with Effect from July 01,2018
June 30, 2018 at 09:37 am
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Vimta Labs Limited announced that at its Board Meeting held on June 30, 2018, Dr. S P Vasireddi, the Executive Chairman has conveyed his intention not to continue as Whole-time Director on attaining the age of 70 years on July 01, 2018. Accordingly, on the recommendations of Nomination & Remuneration Committee, the Board at its meeting held on June 30, 2018 has appointed him as Non-Executive Director & Chairman of the Board and the Company with effect from July 01,2018, subject To Approve the members.
Vimta Labs Limited is engaged in the business of contract research and testing organization. The Company is engaged in providing a range of services to biopharmaceutical, food, consumer goods, electronic, electrical, agrochemical, healthcare, medical device, power, cement, oil and gas, ores and minerals, infrastructure and many other industries, government organizations as well as other industry participants. Its services include Drug discovery, development, and drug life cycle management support services; Preclinical research and testing services for medical device companies; Contract research and testing for agrochemical and specialty chemical companies; and Food testing and analytical development services to support manufacturers, processors, farmers, and retailers; Clinical diagnostics services to patients, clinicians, and hospitals, and environmental regulatory services such as impact assessments and post project monitoring, to various industries, such as power and infrastructure.