Bhaskarrao Govind Sandu, the chairman of Sandu Pharmaceuticals Ltd, passed away on May 21, the company said in a filing to BSE. He was 84.
Active in the Ayurvedic pharma industry for more than six decades, he was chairman of the 120-year-old Ayurvedic company for 20 years.
Known for his contribution to the Ayurvedic pharma industry, Mr. Sandu spearheaded Sandu Pharmaceuticals’ multifold growth. During his tenure, the company ventured overseas.
A graduate in Commerce from Podar College in Mumbai, he was a student of the first batch at Jamanalal Bajaj Institute of Management, Mumbai.
“Under his leadership the company began setting up a huge factory in Goa and was listed on the BSE. Both these achievements proved milestones in the life of the company,” the company said in a statement.