Panacea Biotec CFO Devender Gupta resigns, interim replacement named

Panacea Biotec Limited announced on November 26, 2025, the resignation of Mr. Devender Gupta from his roles as chief financial officer, head information technology, key managerial personnel (KMP), and senior management personnel. Mr. Gupta cited personal reasons for his departure and requested to be relieved from his duties by December 15, 2025. The company has accepted his resignation, with December 15, 2025, confirmed as his last working day.

Following his resignation, Mr. Gupta will cease to be an authorized KMP for determining the materiality of events and making disclosures to stock exchanges under Regulation 30 of the SEBI LODR Regulations. Panacea Biotec expressed its appreciation for his contributions during his tenure.

In an interim arrangement, Mr. Amit Gupta, the general manager - accounts & finance, will assume responsibility for the company's accounts and finance functions. The company has notified the National Stock Exchange of India and BSE Limited of these changes.