New Delhi, Jun 29 (PTI) Drug firm AstraZeneca Pharma India today said Gagan Singh Bedi will take over as the Managing Director of the company with effect from July 1. Also Read - 'Another Phase of Greatest Witch Hunt', Says Donald Trump After US Senate Acquits Him in Historic Impeachment Trial

The company has accepted resignation of Sanjay Murdeshwar as MD and as a director. He is shifting to a global role within the AstraZeneca group, based in Gaithersburg, Maryland, US, AstraZeneca Pharma India said in a filing to BSE. Also Read - US Court Seeks Status Report On Visas To Family Members Of H1-B Holders

“The Board has co-opted Gagan Singh Bedi as additional director on the board, who will take over as the Managing Director of the company with effect from July 1, 2017,” it added. Also Read - The Weeknd Performs Live At Super Bowl Halftime Show, Fans Share His Then-And-Now Photos

Singh had joined AstraZeneca Pharma India in February 2006.

Prior to joining AstraZeneca, he had worked with Baxter India and Eli Lilly.

Shares of AstraZeneca Pharma India today closed at Rs 912 per scrip on BSE, up 0.62 per cent from the previous close.

This is published unedited from the PTI feed.