iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

SeQuent Scientific appoints new MD & CEO

15 Jan 2022 , 12:19 PM

Rajaram Narayanan will succeed Manish Gupta who will be stepping down effective 10 April 2022 after serving as MD and CEO of SeQuent for the past eight years. Gupta will continue to serve as a strategic advisor to the company until July 2022, SeQeunt said in a press release.

Narayanan joins from Sanofi India, where he was the managing director and country chair for India.

At Sanofi, he led the strategic reorientation of its India business operations, resulting in accelerated growth in key therapies and significant transformation of Sanofis market operations.

Before this, he was chief marketing officer at Airtel, Indias leading telecommunications company.

Narayanan started his career at Hindustan Unilever, where he held various leadership roles in India and other Asian markets for over 18 years, building and managing many iconic consumer brands.

The company said it is currently focusing on executing on its ?SeQuent 2.0? growth strategy by scaling its presence in existing markets, expanding into new international markets, and accelerating research and development in animal health Active Pharmaceutical Ingredients and formulations, including value-added generics. Narayanan will oversee the companys next phase of growth and expansion. SeQuent is backed by global investment firm Carlyle.

Kamal K Sharma, non-executive chairman of SeQuent said, We are delighted to welcome Rajaram as MD and CEO of SeQuent as he has a solid track record of successfully transforming businesses in highly complex and regulated industries. His strategic vision as well as operational expertise and rigor will be pivotal for the companys next phase of growth and success, and the Board of Directors looks forward to working with him.?

SeQuent Scientific is Indias largest and amongst the Top 20 global animal health companies, backed by global investment firm The Carlyle Group as promoter. The company has 8 manufacturing facilities across Europe, Turkey, Brazil & India with the Vizag site being Indias only USFDA approved dedicated veterinary API facility.

On a consolidated basis, net profit of Sequent Scientific declined 39.12% to Rs 14.30 crore on 0.31% rise in net sales to Rs 350.55 crore in Q2 FY22 over Q2 FY21.

Shares of SeQuent Scientific ended 1.21% higher at Rs 191.90 on Friday.

Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.