Aditya Puri will also be the chairman of the Solara Board, the head of the nomination and remuneration committee of the board. Solara has inducted former IAS officer and revenue secretary Vinita Rai as independent director.
Aditya Puri was formerly the CEO of HDFC Bank.
Banker and former chief executive officer of HDFC Bank Aditya Puri has joined the board of pharmaceutical company Solara as chairperson. Puri and others were inducted into the board after a meeting on Wednesday. In this meeting, the company also approved the financial results for the June quarter.
Along with Solara’s office of the board’s chairperson, Puri will also head the board’s nomination and remuneration committee. Solara has also inducted former IAS officer and revenue secretary Vinita Rai as independent director. She will also chair the CSR committee of the board of Solara. The company’s founder Arun Kumar Solara has joined the board as a non-executive.
Auror Life Sciences founder Rajendra Rao has been inducted as Executive Director and Nominee Vice President. Kartik Raju, partner of iLabs Group and investor with significant interest in pharmaceuticals and other sectors, has been appointed as a non-executive on the board.
Established in 1990, Strides is a global pharmaceutical company with its head office in Bangalore. The company has two business verticals – regulated markets and emerging markets.
Strides has eight manufacturing facilities spread across four continents, including five US FDA approved facilities and two for the rest of the global market. It also has R&D facility in India.
Earlier this year, Aditya Puri had joined pharmaceutical company Strides Group as an advisor. He was also appointed as a director on the board of the company’s subsidiary biopharmaceutical company, Stellis Biopharma.
Along with having its head office in Bengaluru, Strides Group has global manufacturing sites located in India, Singapore, Italy, Kenya and the United States of America. It is focused on manufacturing products that are sold in over 100 countries.