The Board of Directors of the Hikal limited at its meeting held today i.e., May 06, 2021, considered, and approved
- the appointment of Mr. Jai Hiremath Chairman & Managing Director of the Company as Executive Chairman w.e.f. October 1, 2021, subject to the approval of shareholders at the ensuing Annual General Meeting; and
- the appointment of Mr. Sameer Hiremath (DIN: 00062129), Joint Managing Director and CEO of the Company as Managing Director of the Company w.e.f. October 1, 2021, subject to the approval of shareholders at the ensuing Annual General Meeting.
Jai Hiremath is the Founder and Chairman of Hikal and has over 38 years of experience in the fine chemicals and pharmaceuticals industry. Mr. Hiremath developed Hikal into one of the leading global development and manufacturing companies. A Chartered Accountant from the Institute of Chartered Accountants in England and Wales, he is a 2004 alumnus of Harvard University, USA. His contribution to the industry has been recognized across global forums and in 2005, he was presented the Chemtech Business Leader of the Year Award (Chemicals). Mr. Hiremath is the past President of the Indian Chemical Council (ICC), and the former Chairman of the Chemicals Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI). He served as a board member of the Drug, Chemical and Associated Technologies Association (DCAT) headquartered in New Jersey, USA. He is a board member of Novartis India Ltd.
Sameer Hiremath is the Joint Managing Director and CEO of Hikal Ltd. He oversees the day-to-day operations of the company which includes Research & Technology, Manufacturing Operations to Sales & Marketing. He has over 21 years of experience in technical plant operations, business development and corporate strategy. He has held several key positions at Hikal, including that of Executive Director. He holds a degree in Chemical Engineering from Pune University and an MBA and MS degree in Information Technology from Boston University, USA. Sameer was recently conferred the ‘Business Leader of the Year’ award by the World Federation of Marketing Professionals and World Federation of Human Resources Professionals in association with Business Television India.