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 | ||
1,066 INR | +1.18% | +0.85% | +37.89% |
1st Jan change | Capi. | |
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+37.89% | 315M | |
+30.38% | 684B | |
+26.51% | 568B | |
-4.36% | 361B | |
+19.30% | 329B | |
+3.73% | 284B | |
+16.70% | 240B | |
+8.78% | 208B | |
-7.93% | 200B | |
+7.68% | 166B |
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- Novartis India Limited Announces Step Down of Milan Paleja as Vice Chairman & Managing Director