Haleos Labs Reappoints Two Independent Directors for Five-Year Term
Haleos Labs Limited reappointed Dr. Mannam Malakondaiah and Dr. Srinivas Samavedam as Independent Directors. Their second term of five years begins November 13, 2026, pending shareholder approval. Both directors bring extensive experience in public service and critical care medicine, respectively.
The re-appointment of key independent directors is important for corporate governance and strategic direction, but it does not immediately impact the company's financial performance or core business operations.
The re-appointment of experienced independent directors for a second term indicates stability and confidence in their leadership, which is generally viewed positively by the market.
Haleos Labs Limited has announced the re-appointment of two Independent Directors, Dr. Mannam Malakondaiah and Dr. Srinivas Samavedam, for a second consecutive term of five years. This decision was approved by the Board of Directors at a meeting held on August 5, 2026, based on the recommendation of the Nomination and Remuneration Committee. The re-appointments are effective from November 13, 2026, and are subject to shareholder approval.
Dr. Mannam Malakondaiah, a former Director General of Police, Andhra Pradesh, brings extensive experience in law enforcement and public administration. His previous roles include Vice-Chairman and Managing Director of APSRTC and leadership positions in various police departments and academies. He has received prestigious awards, including the President's Police Medal for Distinguished Service.
Dr. Srinivas Samavedam is a leading specialist in Critical Care Medicine with over 26 years of experience. He currently serves as Consultant & Head - Critical Care at Sindhu Hospitals, Hyderabad. He is recognized for his expertise in critical care, emergency trauma management, and introducing ECMO services in Hyderabad. He has held significant positions at various hospitals and has authored numerous scientific publications.
Both directors have also been re-appointed to their respective committee positions. The detailed profiles of the directors and their committee memberships are available on the company's website.
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HALEOS LABS LIMITED filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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