Mr. Suresh G. Kare : Executive Chairman

He is the Executive Chairman of Indoco Remedies Ltd. He has been at the helm of the company’s affairs for forty-nine years and is responsible for the it’s transformation from a small sick unit in 1963, to the global, fast growing, profitable organization that it is today. Suresh G. Kare has a technical background and is recognized for his leadership and vision. He is a multi-faceted personality whose love for arts, sports and social service complements his strong business acumen. Under his stewardship, Indoco has achieved innumerable milestones. Suresh G. Kare’s four decades of pharmaceutical experience is the key to the company’s fast paced growth in the domestic and international arena. He is also the immediate Past-president of the Indian Drug Manufacturers’ Association (IDMA).

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Ms. Aditi Kare Panandikar : Managing Director

Having worked in various departments in different capacities, Aditi has steadily climbed the corporate ladder and is now a Managing Director on the board at Indoco Remedies Limited. She heads Domestic Marketing, Business Development, Technical, H.R. and the API Business at Indoco. Aditi Kare Panandikar, a Pharmacist by profession, has earned her basic degree in Pharmaceutical Administration from the Ohio State University, USA. A third generation entrepreneur, she joined the family business soon after returning back in 1992.

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Mr. Sundeep V. Bambolkar : Jt. Managing Director

A Pharma professional with over 25 years experience in the industry, across various functions such as Finance, Operations, Purchase, Projects and International Business. As Jt. Managing Director he is overall responsible for all Manufacturing as well as Supply Chain Operations, the Finance Portfolio and the International Formulation Business at INDOCO. He is a science graduate and holds a Master’s degree in Business Administration from the Mumbai University. He has also trained in the field of management at the Indian School of Business, Hyderabad and the Kellogg School of Business, Chicago, USA. Sundeep V. Bambolkar has been with the group since 1982.

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Mr. D. M. Sukthankar - Non-Executive Director

He holds Master Degree in Commerce from Bombay University. He was selected for IAS (Indian Administrative Service) in 1956 and served in various capacities in different departments of the Govt. of Maharashtra and the Govt. of India for a period of 35 years, prior to his retirement on 31st August 1990 as Chief Secretary to the Govt. of Maharashtra. During the period from May, 1981 to November 1984, he also worked as the Municipal Commissioner of Greater Bombay. After his retirement, he has worked and is working as chairman or member of various Boards/Committees appointed by the Government of India and Government of Maharashtra. Mr. Sukthankar was appointed on the Board on September 10, 1994.

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Mr. D. M. Gavaskar - Non-Executive Director

He is a Chartered Accountant and Company Secretary. Mr. Gavaskar is a Commerce Graduate from the University of Bombay and he has also completed from U.K. a course in Strategic Management and another course for Senior Management from Templeton College, Oxford University, and Henley College of Management, respectively. Mr. Gavaskar started his career with Johnson and Johnson (India) Ltd and thereafter held different positions with Abbott India Ltd (then Boots India Ltd) including that of Director of Finance & Company Secretary between 1983 and 1985 and Finance Director & Company Secretary between 1985 and 1989. From 1989 until October 2005 Mr. Gavaskar was Managing Director & President of Abbott India Ltd (formerly Knoll Pharma). Mr. Gavaskar not only had a brilliant academic career but also has to his credit several achievements in terms of improving performance of the business, operations restructuring, cost reduction and containment, outsourcing, efficiency improvement and strategy and business development during his tenure with Abbott India Ltd. Mr. Gavaskar also received the President's citation from Abbott Labs USA in 2001 and 2002. Mr. Gavaskar has been inducted as an Additional Director on the Board with effect from April 11, 2005 and would hold office until the next Annual General Meeting.

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Mr. Sharad P. Upasani - Non-Executive Director

He has occupied the highest position in Maharashtra State Administration as Chief Secretary. He joined Indian Administrative Service in 1962. Prior to that he had obtained post-graduate degree of Master of Commerce and also did Bachelor of Law from University of Bombay. After joining service in 1968 he did Masters of Business Administration in U.S.A. Shri. Upasani has varied experience in Administration as he had the opportunity to work both in State and Central Government and Public Sector Corporations. At the State level he has worked as Secretary Industry Department and also as Managing Director of Maharashtra Finance Corporation, Chairman of Maharashtra Textile Corporation, Vice-chairman of Maharashtra State Road Transport Corporation. At the Central level he has worked in Finance Ministry, Industry Ministry and Information & Broadcasting Ministry. He was also Chairman of Company Law Board and Chairman, Bureau of Costs and Prices, New Delhi. From 1974 to 1978, Shri. Upasani was on deputation to International Monetary Fund, Washington, USA. After retirement in 1996, Upasani is practicing in the field of Corporate Law and has acted as Arbitrator in variety of cases including infrastructure projects. In addition to his legal practice and arbitrations, Shri. Upasani is also Vice-President of M. Visvesvaraya Industrial Research & Development Centre, (World Trade Centre), Mumbai and President of Consumer Council of India.

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Mr. Rajiv P. Kakodkar - Non-Executive Director

He holds a bachelor of pharmacy degree from Bombay University and an MBA degree from the prestigous Stuart School of Business, Chicago, USA. He has vast international business experience in pharmaceutical field. His area of expertise include Indenting and Sourcing for pharmacetical global and domestic businesses. He is a founder of his own chemical business in operation for over two decades.

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Dr. Anil M. Naik - Non-Executive Director

Dr. Anil M. Naik graduated in 1966 with Gold Medal from IIM, Kolkatta. He also holds a doctorate from the Mumbai University. He has to his credit, Rani Tarneja Award of 1992 and is affiliated to reputed Educational Institutions and Social Service organizations. His business skills and acumen have been instrumental in turning around a few corporate entities and Management Development Programmes, conducted by him, were well received by the top noche companies. Dr. Naik was appointed on Board on 14th February 2012.

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