Shreehas Tambe Appointed CEO & Managing Director of Biocon

Biocon Limited, announced the appointment of Shreehas Tambe as its Chief Executive Officer and Managing Director, effective April 1, 2026, following approvals from the Nomination & Remuneration Committee and the Board. As the first CEO of Biocon Limited he will lead the combined platform spanning biosimilars and generics, strengthening the Company's ability to operate at scale and compete effectively in global markets.

Kedar Upadhye has been appointed as Chief Financial Officer of Biocon Limited.

This leadership transition follows part of the full integration of Biocon Biologics Limited as a wholly owned subsidiary of Biocon Limited, creating a simplified and unified corporate structure. The strengthened enterprise is well-positioned to lead in diabetes, obesity, oncology, and immunology through a differentiated portfolio of biosimilars, insulins, complex generics, and peptides, including GLP–1 therapies.

Kiran Mazumdar-Shaw, Executive Chairperson, Biocon Limited, said: "Biocon has consistently grown by anticipating patient needs and building ahead of the curve. With the integration of our generics and biosimilars businesses, we are creating a uniquely positioned, globally scaled biopharma enterprise. Shreehas has been at the forefront of this transformation, leading several strategic milestones, including the acquisition and integration of the Viatris biosimilars business and the expansion of our global footprint. Under his leadership, Biocon Biologics has emerged as one of the world's top five biosimilar companies, with an estimated valuation of approximately USD 5.5 billion. As the first CEO to lead the combined business, Shreehas brings deep scientific expertise, strategic rigor, and a steadfast commitment to advancing affordable healthcare. I am confident he will drive disciplined execution and translate our scale into sustained global leadership."