Healthium Medtech Named Ajay Gupta as Chairman of the Board and Namrata Kaul as an Independent Board Member

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Healthium Medtech Limited

Healthium Medtech Limited (“Company” or “Healthium Medtech”), a global MedTech company having eight manufacturing facilities that are focused on products used in surgical, post-surgical, and chronic care, has announced the elevation of board member Ajay Gupta to the Chairman of the Board and has also appointed Namrata Kaul as an Independent Board member. The appointments were made at the Company board meeting held on 17th August 2021.

As the Company strengthens and expands its presence, Mr. Gupta and Ms. Kaul along with the other board of directors will continue to guide Healthium Medtech to achieve profitable growth and provide surgeons and patients globally with cost-effective, high-quality medical devices. The appointments will also strengthen governance, leverage a wealth of industry knowledge, provide critical outside-in perspectives and creative ideas, to help the Company achieve its vision and strategic goals.

Ajay Gupta holds a bachelor’s degree from the Indian Institute of Technology, Delhi, and a master’s degree in Business Administration from Leland Stanford Junior University. He brings more than 28 years of global management consulting experience. Previously, Gupta was a Senior Partner at McKinsey & Company, Inc.

Namrata Kaul holds a post-graduate diploma in management from The Indian Institute of Management, Ahmedabad. She has also been awarded the Chevening Gurukal scholarship in a leadership and excellence program by the Foreign and Commonwealth Office to study at the London School of Economics and Political Science. Previously, Ms. Kaul was working with ANZ Grindlays Bank PLC and the Deutsche Bank AG.

Commenting on the appointments, Anish Bafna, CEO and MD, Healthium Medtech, said, “We are delighted to welcome Ajay Gupta in his new role as the Chairman of our Board and Ms. Namrata Kaul to our Board. Their depth of experience is exceptional. I am confident that their broad-based expertise and strategic insights will continue to add great value to our Board and operations.

“We look forward to working with them to further our business and strengthen our ambition to create access for high quality precision-based medical devices across the world and in helping steer Healthium Medtech towards new growth milestones,” said Bafn.

Ajay Gupta said, “I am honored to serve as the Chairman of the Board of Healthium Medtech. The company has long-standing relationships with its customers, high precision, integrated, and scaled manufacturing facilities with global certifications. We aim to provide patients and physicians globally with high-quality, cost-effective, and innovative medical devices. I look forward to supporting Anish and the entire Healthium team to seize the growth opportunities ahead, and deliver strong returns to our shareholders.”

Namrata Kaul said, “I am pleased to be a part of Healthium Medtech, and along with the esteemed Board of Directors, I look forward to guiding Healthium in this exciting and pivotal part of the Company’s journey. We are all deeply involved in helping Healthium grow and expand its business, and deliver value to its stakeholders.”