Indoco Remedies Limited announced that Mr. Sachin Ghosalkar, Sr. Vice-President- Purchase, designated as Senior Management personnel of the Company has vide letter dated August 30, 2023, expressed his intention to discontinue as an employee of the Company in order to pursue new challenges and opportunities that align with his long-term career goals. It is further informed that there is no other material reason for him discontinuing with the Company other than the reason mentioned above. The Company has accepted his request and has relieved him from the duties.