Samina Hamied steps down as the executive VC at Cipla

Samina Hamied, the Executive Vice Chairperson of pharmaceutical giant Cipla, has decided to step down from her current role. The transition, set to be effective from March 31, comes as she cited “personal and family commitments” for her decision. However, she will continue her association with the company as a non-executive director liable to retire by rotation.

As a third-generation representative of the promoter family, Samina is the daughter of non-executive vice-chairman MK Hamied and the niece of non-executive chairman YK Hamied. In her letter to the board, she expressed gratitude towards her family members, acknowledging their support over the years.


About a decade ago, Samina Hamied’s family believed that Cipla needed active involvement from the next generation to steer and strengthen the company. She played a key role in building a world-class leadership team, expanding into new geographies, and incubating new businesses. As she transitions from her executive position, Samina expressed pride in Cipla’s strength, resilience, and readiness for the future.

These developments unfolded alongside Cipla reporting a robust 32.25% increase in profit, reaching ₹1,068.41 crore in the third quarter. This marked significant growth compared to the consolidated profit of ₹807.83 crore posted in the year-ago period. The company’s consolidated revenue from operations for the same quarter stood at ₹6,603.81 crore, reflecting a 13.66% increase.