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Ajit Kamath, aged 51 years, is the Executive Chairman and Managing Director of our Company and was first appointed as an Additional Director in our Company on January 1, 2001. He holds a Bachelors Degree in Commerce from the University of Mumbai and has around 19 years of experience in the pharmaceutical industry. Prior to joining our Company he has worked with CEAT Financial Services Limited and was one of the promoters of Arch Commerz Private Limited, which reverse-merged into our Company pursuant to the Scheme of Rehabilitation. He has been instrumental in the acquisitions made by our Company since our acquisition of the Gurgaon Unit in December 2004. He has been involved and instrumental in planning and formulating the overall business strategy and developing business relations for our Company.