Jagsonpal Pharmaceuticals Limited announced that Mr. SV Subha Rao, Chief Financial Officer of the Company has retired from the services of the Company effective from close of business on February 02, 2024. On the recommendation of the Audit Committee and the Nomination and Remuneration Committee of the Company, the Board of Directors at their meeting held on February 02, 2024 approved the appointment of Mr. Ashish Lakhotia as the Chief Financial Officer (Key Managerial Personnel) of the Company with effect February 03, 2024. Qualifications: Fellow Member of Institute of Chartered Accountants of India (ICAI), Institute of Chartered Accountants (ICSI) and Institute of Costs Accountants of India (ICAI).

Mr. Ashish Lakhotia joined the Company as Deputy Chief Financial Officer on August 28, 2023. He has over 24 Years of experience across sectors and is a member of the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India and the Institute of Cost Accountants of India.