Board approves appointment of Ms Rashmi Joshi as additional and independent director for 5 years
Board meeting held on 27th October, 2026 approved the appointment of Ms Rashmi Joshi as an additional and independent director of Cipla Ltd for 5 years, from 27th October, 2026 to 26th October, 2031.
By ScoutQuest · · 2 min read
- Director Appointed
- Ms Rashmi Joshi as an additional and independent director
- Term of Appointment
- 5 years, from 27th October, 2026 to 26th October, 2031
- DIN
- 06641898
What the board approved
- The Board of Directors, at its meeting held on 27th October, 2026, approved the appointment of Ms Rashmi Joshi as an additional and independent director of the Company.
- The term is for a period of 5 years, with effect from 27th October, 2026 to 26th October, 2031 (both days inclusive).
- The appointment is subject to the approval of the shareholders of the Company.
- The board meeting commenced at 10:00 a.m. (IST) and concluded at 01:30 p.m. (IST).
Who has been appointed
Ms Rashmi Joshi (DIN: 06641898) is a qualified Chartered Accountant and Company Secretary with over three decades of experience across multinational organisations in the FMCG, consumer durables, pharmaceuticals and lubricants sectors. She has held leadership positions in India, the Asia-Pacific region and the Middle East, including regional and global roles, with experience in corporate governance, risk management, financial strategy and board governance.
Her earlier roles
- Executive Director & Chief Financial Officer of Castrol India Limited.
- On the boards of Godrej Industries Limited, Thirdware Solution Limited and Castrol Philippines.
Boards she currently serves on
- GE Vernova T&D India Limited, Bharat Forge Limited, Vesuvius India Limited, Orkla India Limited, Rallis India Limited, Elevate Campuses Limited, Rhea Healthcare Private Limited and Ciel Textile Limited, Mauritius.
Other disclosures
- Disclosure of relationships between directors: None.
- She is not debarred from holding the office of a director by virtue of any SEBI order or order of any other such authority.
What it means for retail shareholders
The update is a board outcome confirming the addition of an independent director to the board. An independent director sits on the board to bring outside oversight to the company’s decisions. Because the appointment is subject to shareholders’ approval, it will need to be approved by shareholders for the full term to be confirmed.
Also from Cipla
Cipla reported modest Q2 numbers but maintained its US revenue and EBITDA margin guidance, prompting mixed brokerage reactions
28 Oct 2026
Cipla posts audio recording of Q2/H1 FY27 earnings conference call on its website
27 Oct 2026
Cipla's Q2 results were largely in line with estimates, with a dip in profit and muted US sales due to supply issues
27 Oct 2026
More numbers
- Term of appointment as additional and independent director5 years
- Experience of the appointed directorover three decades
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