Rajeev Jain of Bajaj Finance is tasked with creating a succession plan. This follows Anup Saha’s exit from a leadership role. The board has given Jain six months for this task. The new Managing Director will be announced by March 2028. The board extensively discussed the matter. Jain shared this update with analysts after the results call.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO