Cipla Names Rashmi Joshi as Additional Independent Director for Five Year Term

Cipla Limited strengthens its board with the appointment of experienced finance and corporate governance professional Rashmi Joshi, effective 27 October 2026, subject to shareholder approval.

Cipla Limited has announced the appointment of Rashmi Joshi as an Additional Independent Director on its Board of Directors for a period of five years, beginning 27 October 2026 and ending 26 October 2031. The appointment is subject to approval by the company’s shareholders.

Joshi brings more than 30 years of professional experience across multinational companies in the pharmaceutical, FMCG, consumer durables and lubricants industries. Her career includes senior leadership responsibilities in India, the Asia Pacific region and the Middle East, with expertise in corporate governance, financial strategy and risk management.

She previously served as Executive Director and Chief Financial Officer of Castrol India Limited. Her earlier board positions include Godrej Industries Limited, Thirdware Solution Limited and Castrol Philippines.

Joshi currently holds board positions at 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 in Mauritius.

A qualified Chartered Accountant and Company Secretary, Joshi holds a Bachelor of Commerce degree from the University of Bombay. Her background combines financial leadership, board oversight and experience across multiple industries and international markets.

Cipla disclosed the appointment following its Board meeting on 27 October 2026 in accordance with SEBI listing regulations.