Alkem Laboratories Limited — Proxy Solicitation & Information Statement 2023

Sep 7, 2023

==> picture [611 x 115] intentionally omitted <==

07[th] September, 2023

The Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001. Scrip Code: 539523	National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai 400 051. Scrip Symbol: ALKEM

Dear Sir/Madam,

Sub: Postal Ballot Notice – Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

In furtherance to our intimation dated 10[th] August, 2023, this is to inform you that pursuant to the provisions of Section 110 and other applicable provisions, if any, of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014, the Company is in the process of conducting Postal Ballot (only by means of remote e-voting) for seeking approval of Members of the Company for the business as specified in the Postal Ballot Notice dated 10[th] August, 2023 (“Postal Ballot Notice”).

In terms of Regulation 30 of SEBI Listing Regulations, please find enclosed herewith the Postal Ballot Notice.

In compliance with the Ministry of Corporate Affairs Circulars no. 14/2020 dated 08[th] April, 2020, No. 17/2020 dated 13[th] April, 2020, No. 33/2020 dated 28[th] September, 2020, No. 39/2020 dated 31[st] December, 2020, Circular No. 02/2021 dated 13[th] January, 2021, Circular No. 20/2021 dated 08[th] December, 2021, Circular No. 03/2022 dated 05[th] May, 2022 and Circular No. 11/2022 dated 28[th] December, 2022 the Postal Ballot Notice is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company/ Depository Participant and whose names are recorded in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the Depositories as on the cut-off date i.e. Friday, 01[st] September, 2023 (“cut-off date”). The communication of the assent or dissent of the Members on the proposed resolution would only take place through the remote e-voting system.

The Company has engaged the services of Central Depository Services (India) Limited (“CDSL”) to provide remote e-voting facility to its Members. The remote e-voting period commences on Friday, 08[th] September, 2023 at 09.00 am and shall remain open for a period of 30 days i.e. till Saturday, 07[th] October, 2023 at 05.00 pm. CS Mannish L. Ghia, Partner, M/s Manish Ghia & Associates, Company Secretaries, Mumbai has been appointed as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner.

==> picture [611 x 115] intentionally omitted <==

The Members whose e-mail address is not registered with the Company/Depository Participant, may register by clicking the link: https://linkintime.co.in/emailreg/email_register.html and complete the registration process to receive the Postal Ballot Notice and the procedure for remote e-voting along with the login ID and password for remote e-voting.

This Postal Ballot Notice will also be available on the Company’s website https://www.alkemlabs.com/Postal-Ballot.php and on the website of CDSL.

Kindly take a note of the same.

Sincerely,

For Alkem Laboratories Limited

MANISH Digitally signed by MANISH NARANG NARANG Date: 2023.09.07 12:36:23 +05'30'

Manish Narang

President - Legal, Company Secretary & Compliance Officer

Encl.: a/a

==> picture [487 x 737] intentionally omitted <==

1

==> picture [487 x 697] intentionally omitted <==

2

==> picture [487 x 696] intentionally omitted <==

3

==> picture [487 x 707] intentionally omitted <==

4

==> picture [487 x 467] intentionally omitted <==

Type of shareholders	Login Method	Login Method
Individual Shareholders holding securities in Demat mode withCDSL

5

Individual Shareholders holding securities in demat mode withNSDL
Individual Shareholders (holding securities in demat mode) login through theirDepository Participants	You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL/CDSL for e-voting facility. After successful login, you will be able to see e-voting option. Once you click on e-voting option, you will be redirected to NSDL/CDSL Depository site after successful authentication, wherein you can see e-voting feature. Click on company name or e-voting service provider name and you will be redirected to e-voting service provider's website for casting your vote during the remote e-voting period.

6

==> picture [469 x 461] intentionally omitted <==

----- Start of picture text -----

Login type Helpdesk details
Individual Shareholders holding
securities in Demat mode with
CDSL
Individual Shareholders holding Members facing any technical issue in login can contact NSDL
securities in Demat mode with helpdesk by sending a request at evoting@nsdl.co.in or call at
NSDL toll free no.: 022-48867000 and 022-24997000
----- End of picture text -----

	For Shareholders holding shares in Demat Form other than individual and Physical Form
PAN	Enter your 10 digit alpha-numeric *PAN issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders) • Shareholders who have not updated their PAN with the Company/Depository Participant are requested to use the sequence number sent by Company/LIIPL or contact LIIPL.
Dividend Bank Details OR Date of Birth (DOB)	Enter the Dividend Bank Details or Date of Birth (in dd/mm/yyyy format) as recorded in your demat account or in the company records in order to login. • If both the details are not recorded with the depository or company please enter the member ID / folio number in the Dividend Bank details feld as mentioned in instruction.

7

==> picture [475 x 735] intentionally omitted <==

8

==> picture [487 x 269] intentionally omitted <==

Name of the related party and nature of relationship	Mr. Aniruddha Singh, son of Mrs. Madhurima Singh, Executive Director of the Company.
Nature, duration and particulars of the contract/ arrangement	The said transaction is for appointment to hold offce of proft as rd AVP-CMD Offce in the Company with effect from 23 November, 2023. Duration of the contract shall be so long as he is in employment of the Company.
Material terms of contract / arrangement including value	Remuneration of Rs. 3,39,355/- (Rupees Three Lakhs Thirty Nine Thousand Three Hundred and Fifty Five only) per month and other benefts as detailed below: (i)Medical Reimbursement: He shall get medical reimbursement for himself and his family subject to a ceiling of Rs. 16,667/- per month. (ii)Leave Travel Allowance: He shall get Leave Travel Allowance for himself and his family once in a year which shall not exceed one month's salary. (iii)Personal Accident Insurance Premium: The Company shall also reimburse the Personal Accident Insurance Premium. (iv)Provident Fund and Family Pension: He shall get beneft of Provident Fund and Family Pension as per the Company's rules. (v)Gratuity: As per the rules of the Company. (vi)Encashment of Leave: As per the rules of the Company. (vii)Company's Car and Driver: He shall be entitled to the use of one Company's car with one driver on actual basis.

9

	(viii)Club Fees: He shall be entitled for Entrance and Annual membership fees of any one club. (ix) Hospitalisation Mediclaim/ Group Term Policy: As per Company's Policy. Annual Increment not exceeding 20% of his last drawn annual remuneration for each fnancial year except for the frst year of appointment in which case such increment shall be awarded for the period effective from the date of appointment i.e. rd st 23 November, 2023 upto 31 March, 2024 subject to approval of the Board of Directors. Mr. Aniruddha Singh, shall also be entitled to all the allowances, benefts and perquisites, as are provided to the senior executives of the Company and/or which may become applicable in the future and/or any other allowance, perquisites as the Board may decide from time to time.
Advance paid or received for the contract / arrangement	No.
Manner of determining the pricing and other commercial terms, both included as part of contract and not considered as part of contract	Since this is an Employment Contract its terms are based on the work experience and responsibilities handled by Mr. Aniruddha Singh.
Whether all factors relevant to the contract have been considered, if not, the details of factors not considered with the rationale for not considering those factors	Yes
Any other information relevant or important for the Board to take the decision on the transaction	NA

==> picture [487 x 145] intentionally omitted <==

10

==> picture [405 x 285] intentionally omitted <==

11

==> picture [405 x 285] intentionally omitted <==

12