NSEPress Release1 Jul 2026 · 1 Jul 2026, 05:34 pm
Press Release
Syngene International Limited · SYNGENE
✦ AI Summary▲ PositiveMgmt Change
Syngene International Limited has announced the appointment of Siddharth Mittal as the Managing Director and Chief Executive Officer of the company, effective July 1, 2026. Mittal succeeds Peter Bains, who completed his tenure as Managing Director & CEO on June 30, 2026. Mittal brings close to three decades of business leadership experience, having held various positions at Biocon Limited, including Chief Financial Officer and Managing Director & CEO.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Syngene International Limited has informed the Exchange regarding a press release dated July 01, 2026, titled "Siddharth Mittal Appointed as Managing Director & CEO of Syngene International".
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July 01, 2026
To, To,
The Manager, The Manager,
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Corporate Communication Department
Dalal Street, Mumbai – 400 001 Bandra (EAST), Mumbai – 400 051
Scrip Code: 539268 Scrip Symbol: SYNGENE
Dear Sir/Madam,
Sub: Press Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed the press release titled “Siddharth Mittal Appointed as Managing Director
& CEO of Syngene International”.
The above-mentioned press release will also be available on the website of the Company
www.syngeneintl.com.
This is for your information and records.
Thanking You,
Yours faithfully,
For SYNGENE INTERNATIONAL LIMITED
Chethan Yogesh
Company Secretary & Compliance Officer
Enclosed: Copy of Press Release
PRESS RELEASE
Siddharth Mittal Appointed as Managing Director & CEO of Syngene
International
Bengaluru, July 1 2026: Syngene International, a global contract research, development, and
manufacturing organization (CRDMO), today announced that Siddharth Mittal has assumed
the role of Managing Director and Chief Executive Officer of the Company, effective 1 July
2026.
Siddharth succeeds Peter Bains, who completed his tenure as Managing Director & CEO on 30
June 2026.
Siddharth brings close to three decades of business leadership experience. He joins Syngene
from Biocon Limited, where he most recently served as the Managing Director and Chief
Executive Officer.
During his thirteen years at Biocon, Siddharth held the position of Chief Financial Officer,
before being appointed Managing Director and CEO. During this period, he played a pivotal
role in shaping the strategic direction of the company that positioned it for long term growth,
strengthening its commercial operations, expanding its presence across global markets,
securing key regulatory approvals and successfully commercializing Biocon's GLP-1 portfolio
across major international markets. He also led strategic partnerships and commercial
initiatives that strengthened Biocon's competitive position while driving operational
excellence, customer-centricity and sustainable business growth.
Commenting on Siddharth's appointment, Kiran Mazumdar-Shaw, Executive Chairperson,
Syngene International, said: "I am delighted to welcome Siddharth as the Managing Director
and CEO of Syngene. Having worked closely with Siddharth for many years, I have seen first-
hand his ability to lead businesses through period of change, build strong teams and deliver
transformation and sustainable growth.
Having built a strong reputation for scientific excellence, quality and customer trust, Syngene
is now at an inflection point in its journey. As the industry evolves and customer expectations
continue to rise, I am confident Siddharth's leadership, commercial acumen and execution
focus will help Syngene unlock its full potential and create long-term value for our customers,
employees and shareholders."
Commenting on taking on the role, Siddharth Mittal said: "I am honoured to take on the role
of Managing Director and CEO of Syngene. Over the years, the company has built exceptional
scientific capabilities, a talented team, and gained the trust of customers across the world.
These enduring strengths give us a solid platform to drive the next phase of long-term growth.
My immediate priority is to sharpen our commercial edge, strengthen delivery excellence and
bring greater focus and discipline to execution across the business. By combining our scientific
strengths and talented workforce with an unwavering focus on customer fulfilment and cost -
competitiveness, I am confident that we can restore growth momentum and reinforce
Syngene’s standing as a global leader in CRDMO services, while creating long-term value for
all our stakeholders.
About Syngene: Syngene International Ltd. (BSE: 539268, NSE: SYNGENE, ISIN: INE
398R01022) is an integrated research, development, and manufacturing services company
serving the global pharmaceutical, biotechnology, nutrition, animal health, consumer goods,
and specialty chemical sectors. Syngene’s team of over 8,300 employees including 5,700+
scientists, brings both deep expertise and the capacity to deliver scientific excellence, robust
data security, and world class manufacturing, at speed, to improve time-to market and lower
the cost of innovation. With over 3 Mn sq. ft of specialized discovery, development, and
manufacturing facilities across India and the U.S., Syngene works with ~400 global customers
across industry segments, including biotech companies pursuing leading-edge science and
multinationals such as BMS, GSK, Zoetis, and Merck KGaA. For more details, visit
www.syngeneintl.com. For the Company’s latest Environmental, Social, and Governance (ESG)
report, visit Syngene ESG Report.
Contact details:
Vijay Jeevanandham Alex Heeley / Abdul Khalifeh
Syngene International Limited De Facto Communications
M: +91 8310914552 T: +44 (0) 203 735 8165 / +44 (0) 7834784764
E: Vijay.Jeevanandham@syngeneintl.com E: a.khalifeh@defacto.co.uk
E: a.heeley@defacto.co.uk