form8k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

October 8, 2010 (Date of report)

CARACO PHARMACEUTICAL LABORATORIES, LTD.
(Exact name of registrant as specified in its charter)


Michigan
 
1-31773
 
38-2505723
(State or other jurisdiction of incorporation)
 
(Commission file number)
 
(I.R.S. employer identification no.)


1150 Elijah McCoy Drive, Detroit, Michigan 48202
(Address of principal executive offices)

(313) 871-8400
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 140.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 

Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) and (c)    On October 8, 2010, the Board appointed Gurpartap Singh Sachdeva to the position of Chief Executive Officer effective November 1, 2010, following the resignation of Jitendra N. Doshi as interim Chief Executive Officer and as a Director, effective November 1, 2010.  The disclosures in the attached press release with respect to the appointment and business background of Mr. Singh and the resignation of Mr. Doshi are incorporated herein by reference.

Item 7.01.  Regulation FD Disclosure.

The disclosure in the attached press release with respect to the status of the Company’s remediation efforts is incorporated herein by reference.

Item 9.01.  Financial Statements and Exhibits.

 
d.
Exhibits.

Exhibit No.
Description

99.1
Press Release of Caraco Pharmaceutical Laboratories, Ltd., dated October 8, 2010.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CARACO PHARMACEUTICAL LABORATORIES, LTD.


Date:    October 8, 2010
By:    /s/ Jitendra N. Doshi
 
Jitendra N. Doshi
 
Chief Executive Officer

 
 

 

Exhibit Index

Press Release of Caraco Pharmaceutical Laboratories, Ltd., dated October 8, 2010.

 
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