Board of Directors








My Modal
Mr. Suresh G. Kare : Chairman
Mr. Suresh G. Kare, Chairman of Indoco Remedies Ltd., has been at the helm of the Company's affairs for over 50 years. Under his able leadership,
the Company has transformed into the fully integrated, research oriented pharma organisation, that it is today. Mr. Kare has a technical background
and is well respected by the industry for his acute business acumen and vision. His passion for arts, sports and social service contributes to his
multi-faceted personality. Under his stewardship, Indoco has achieved innumerable milestones. Mr. Kare's vast pharmaceutical experience and passion
for excellence is the key to the Company's sustained growth. He has been the President of the Indian Drug Manufacturers' Association (IDMA) and has
significantly contributed to the growth of the Indian pharmaceutical industry.
Directorship and Full-Time Positions in Body Corporates
• Indoco Remedies Limited - Chairman and Non-Executive Director
• Spa Holdings Private Limited - Director
• Indoco Capital Markets Limited - Director
• Shanteri Investment Private Limited - Director
My Modal
Ms. Aditi Kare Panandikar : Managing Director
The Managing Director at Indoco, Ms. Aditi Kare Panandikar is a third generation entrepreneur who has sharp business acumen, backed by techno-commercial skills. She holds a Bachelors Degree in Pharmacy and a Masters Degree in Pharmaceutical Administration from the Ohio State University, USA. Patent Law and practices is another area in which she has pursued an in-depth study. Prior to her current stint as Managing Director, Ms. Panandikar has successfully headed key departments within the organisation. Ms. Aditi received the 'Leader Of The Year' award at the UBM India Pharma Awards in 2016, 'Business Woman Of The Year' award at the Business Goa Awards for Corporate Excellence 2016 and 'Jack L. Beal Post-baccalaureate Alumni' award from the Ohio State University for her outstanding contribution to the pharma industry in May 2015. Her zest at gaining knowledge on her family business as well as her inherited qualities, have added up to her flair for business acumen and leadership qualities.
Her dynamic leadership will play a major role in taking Indoco to greater heights.
Directorship and Full-Time Positions in Body Corporates
• Indoco Remedies Limited - Managing Director
• Shanteri Investment Private Limited - Director
• Xtend Industrial Designers and Engineers Private Limited - Director
• Indoco Remedies Czech S.R.O. - Director
• Indoco Remedies UK Limited - Director
• Warren Remedies Private Limited - Whole Time Director
• FPP Holding Company LLC - Officer designated as Director
• Florida Pharmaceutical Products, LLC - Officer designated as Director
• Xpentra Advisory Services LLP - Partner
• A K Services Agency Pvt. Ltd. - Director
My Modal
Mr. Sundeep V. Bambolkar : Jt. Managing Director
Mr. Sundeep V. Bambolkar, Jt. Managing Director at Indoco Remedies Limited is an astute finance professional with proven administrative capabilities and has over 30 years of pharma experience. Prior to his appointment as Jt. Managing Director, he has headed departments such as Finance, Operations, Purchase, Projects and International Business within the Company. He has to his credit a Bachelors Degree in Science, a Post Graduate Diploma in Entrepreneurship Management and a Masters in Administrative Management (MAM).He has also undergone a Management Development Programme at the Kellogg School of Management, Chicago, USA. As the Joint Managing Director, he is responsible for the overall management of the Company, with special focus on International Business, Operations and Finance.
Recipient of an award in the category 'Winning Edge in Cost Management' initiated by CFO 100 Institute, 9.9 media for two
consecutive years, 2011 & 2012. Mr. Bambolkar has also been nominated as the Member of the Board of Governors National Institute
of Technology, Goa (NITG), as a State Nominee.
Directorship and Full-Time Positions in Body Corporates
• Indoco Remedies Limited - Joint Managing Director
• Xtend Industrial Designers and Engineers Private Limited - Director
• Indoco Remedies Czech S.R.O.- Director
• Indoco Remedies UK Limited - Director
• Spa Holdings Private Limited - Director
• Warren Remedies Private Limited - Whole Time Director
• FPP Holding Company LLC - Officer designated as Director
• Florida Pharmaceutical Products, LLC - Officer designated as Director
My Modal
Mr. Satish Shenoy - Independent Director
Mr. Satish Shenoy is a Commerce graduate, Chartered Accountant, Cost Accountant and Company Secretary by qualification. Mr. Shenoy has more than
40 years of experience in Internal Audit, Risk Management, Forensic and Ethics functions in PSUs (i.e. Hindustan Petroleum) and private enterprises
(i.e. Onida, Lupin, Reliance Retail, L&T and Aditya Birla Group). Mr. Shenoy has also worked with the Government of India (Ministry of Petroleum) on
deputation with the Oil Coordination Committee.
Directorship and Full-Time Positions in Body Corporates
• Indoco Remedies Limited - Independent Director
My Modal
Mr. Ajay Mulgaokar - Independent Director
Mr. Ajay Mulgaokar holds a MSC degree in Organic Chemistry and has completed Strategic Leadership Programme from IIM Ahmedabad. Mr. Mulgaokar is an
experienced Human Resource Services-Technology and Business Operations professional with more than 35 years of multi-faceted experience in building
and running large Managed Services, Global Technology and Operations (both in Captive and Third-Party businesses) spread across various geographies
with a global span of 5000+ Full Time Employees. Mr. Mulgaokar has worked with Large Global Organizations viz., Wipro, Alight Solutions, Aon Hewitt,
Hewitt, Exult, CGI, Burroughs Wellcome and Datamatics.
Directorship and Full-Time Positions in Body Corporates
• Indoco Remedies Limited - Independent Director
My Modal
Dr. (Ms.) Vasudha V. Kamat - Independent Director
Prof. (Ms.) Vasudha Vasant Kamat, aged 67 years, has a Bachelor's Degree in Science (Chemistry),
Master's Degree in Arts (Sociology), Bachelor's and Master's Degree in Education and a Doctoral Degree
in Philosophy (Arts). She has a varied experience in the education sector and is associated with various
foreign universities for the fellowship programmes in the capacity of visiting scholar. In the past, she
has held the post of Joint Director at the Central Institute of Educational Technology, a constituent
unit of National Council of Educational Research and Training and Vice - Chancellor of S.N.D.T Women's University.
She is also a part of the committee constituted for preparation of the draft National Education Policy.
She is on the on the Board of IRCON International Limited an Independent (Part-time Non-Official) Director.
Directorship and Full-Time Positions in Body Corporates
• Indoco Remedies Limited - Independent Director
Appointment Letter
My Modal
Mr. Abhijit Yashwant Gore - Independent Director
Mr. Abhijit Yashwant Gore a partner at D. G. Gore (Fragrance Manufacturers) is a second generation entrepreneur who is
running his family business since the last 34 years. He has been trained as a Perfumer in a Perfumery School in Grasse
France. With many customers spread across the world and a strong dealer network all over India, his company has been
manufacturing self-developed blends for the FMCG industry for several years now. Additionally, he also contributes his
expertise, knowledge, experience and advisory skills in the aroma-chemicals, Natural Essential Oils Industry. He has
investments in media & entertainment and real estate industry.
Directorship and Full-Time Positions in Body Corporates
• Indoco Remedies Limited - Independent Director
• JMP Advisors Private Limited - Director
• Veena Patil Hospitality Private Limited - Director
• Vibhav Realtors Private Limited - Director
Appointment Letter
My Modal
Dr. Anand Nadkarni - Non-Executive Director
Dr. Nadkarni has done his MD in Psychological Medicines. He is a Consultant Psychiatrist and a Corporate Trainer & Human
Resource Consultant for a number of major corporate organisations. He has vast experience in dealing with various type of
industries.
Directorship and Full-Time Positions in Body Corporates
• Indoco Remedies Limited - Non-Executive - Non Independent Director