Alembic Ltd — AGM Information 2019

Apr 10, 2019

Date: 1 Oth April, 2019

To, The Manager, Department of Corporate Services, BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai - 400 001

Dear Sir/Madam,

Sub: Proceedings of the meeting of the Equity Shareholders held on 9th April, 2019 as per the directions issued by the Hon'ble National Company Law Tribunal, Ahmedabad Bench vide its Order dated 20th February, 2019.

In accordance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith proceedings of the meeting of the Equity Shareholders held on 9th April, 2019.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

For Alembic Limited

Encl.: A/a.

REGO. OFFICE : ALEMBIC ROAD, VADODARA - 390 003. • TEL : (0265) 2280550 • FAX : (0265) 2282506 website : www.alembiclimited.com • E-mail : alembic.investors@alembic.co.in • CIN : L26100GJ1907PLC000033 • PAN : AABCA7950P

Proceedings of the meeting of the Equity Shareholders of Alembic Limited held on 9th April, 2019 as per the directions issued by the Hon'ble National Company Law Tribunal, Ahmedabad Bench vide its Order dated 20th February, 2019.

The meeting of the Equity Shareholders of Alembic Limited ('the Company') was held on Tuesday, 9th April, 2019 at 10:30 a.m. at Sanskruti, Alembic Corporate Conference Center, Opp. Pragati Sahakari Bank Limited, Alembic Colony, Vadodara - 390 003.

The meeting was chaired by Mr. Devang Nanavati, Chairman appointed by the Hon'ble National Company Law Tribunal, Ahmedabad Bench.

The meeting was also attended by:

• a) Mr. Janak Bathiya and Mr. C. P. Buch, alternate Chairman appointed for the meeting;
• b) Mr. Chirayu Amin, Chairman of the Company;
• c) Mr. Sameer Khera and Mr. R. C. Saxena, Independent Directors of the Company;
• d) Mr. S. Samdani, Partner of Mis. Samdani Shah & Kabra, Scrutinizer appointed for the meeting;
• e) Mr. R. K. Baheti, Group CFO; and
• f) Mr. Rasesh Shah, CFO.

Mr. Drigesh Mittal, Company Secretary confirmed that the requisite quorum was present and declared the meeting in order and open for business.

With the consent of the members present, the Notice convening the meeting, having been circulated to all the members, was taken as read.

He further informed to the members that the Company had provided to its members the facility to cast their vote electronically and through postal ballot, on the resolution set forth in the Notice. Members who were present at the meeting and had not casted their votes electronically or through postal ballot were provided an opportunity to cast their votes through ballot paper.

He further informed that Mr. S. Samdani, partner of M/s. Samdani Shah & Kabra, Practising Company Secretaries were appointed as Scrutinizer for conducting the evoting, postal ballot and voting through ballot paper at the meeting in a fair and transparent manner.

Thereafter, Mr. Devang Nanavati, Chairman appointed for the meeting, before ordering poll, invited the members to raise their queries, if any, on the resolution set forth in the Notice. After receiving queries from them, the same were responded by the Chairman and other authorised persons of the Company.

ALEMBIC LIMITED

REGO. OFFICE : ALEMBIC ROAD, VADODARA - 390 003. • TEL : (0265) 2280550 • FAX : (0265) 2282506 website : www.alembiclimited.com • E-mail : alembic.investors@alembic.co.in • CIN : L26100GJ1907PLC000033 • PAN : AABCA7950P

Thereafter, the Scrutinizer briefed the members with regard to the procedure for conduct of the polling process and requested the members to cast their vote on the following resolution by ballot paper:

1. Approval of Composite Scheme of Arrangement between Alembic Limited, Shreno Limited and Nirayu Private Limited and their respective shareholders.

The members were informed that the combined report providing the result of the voting shall be displayed on the Notice Board of the Company at its Registered Office, website of the Company and website of CDSL besides being communicated to SSE Limited and National Stock Exchange of India Limited within 48 hours of the conclusion of the Meeting.

The Meeting concluded with a vote of thanks to the Chairman.

For Alembic Limited

Company Secretary

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