Hester Biosciences Ltd — Board/Management Information 2022

Apr 7, 2022

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7 April 2022

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001

To, National Stock Exchange of India Limited Exchange Plaza, Bandra - Kurla Complex, Bandra (E), Mumbai 400 051

Scrip Code: 524669

Symbol: HESTERBIO

Dear Sir / Madam:

Subject: Outcome of Board Meeting

Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Board of Directors, in their Meeting held today, have approved the execution of Grantin-Aid Letter Agreement for grant of INR 600 million (in phased manner) to the Company by Biotechnology Industry Research Assistance Council (BIRAC), a Government of India Enterprise to support COVID vaccine manufacturing under Mission Covid Suraksha.

The Board Meeting commenced at 3:00 p.m. (IST) and concluded at 3:22 p.m. (IST)

You are requested to take the above information on your record.

Sincerely For Hester Biosciences Limited

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Vinod Mali Company Secretary & Compliance Officer