Hikal Ltd. — Proxy Solicitation & Information Statement 2026

Jun 4, 2026

HIKAL
June 04, 2026

BSE Ltd.,
P J Towers,
Dalal Street,
Mumbai - 400 001.
Scrip Code: 524735

National Stock Exchange of India Ltd.,
Exchange Plaza,
Bandra-Kurla Complex, Bandra,
Mumbai - 400 051.
Symbol: HIKAL

Dear Sir/Madam,

Subject: Intimation of Notice of Postal Ballot & remote e-Voting

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, a copy of the Notice of Postal Ballot dated May 27, 2026, dispatched to the Members on Thursday, June 04, 2026, is enclosed for your reference and records.

The notice is sent out for seeking approval of Members, by way of Postal Ballot, by voting through electronic means (“remote e-Voting”) only, for appointment of Mr. Sandip Parikh (DIN: 00030990) as an Independent Director of the Company, in accordance with the provisions of the Listing Regulations.

As per the applicable provisions of the Companies Act, 2013 and the General Circulars issued by the Ministry of Corporate Affairs, the Notice of the Postal Ballot has been sent by electronic mode only to those members whose names appear in the Register of Members/ list of Beneficial Owners, as on Friday, May 29, 2026 (“Cut-off date”) and whose e-mail addresses are registered with the Company / Depository Participants/ Depositories. The notice of Postal Ballot is also available on the company’s website at www.hikal.com and on the website of the National Securities Depository Limited (NSDL) at www.evoting.nsdl.com.

The Company has availed the services of NSDL for providing remote e-Voting facility to the members to cast their votes on the resolution proposed in the notice of postal ballot. The voting period begins at 9.00 A.M. (IST) on Friday, June 05, 2026, and ends at 5.00 P.M. (IST) on Saturday, July 04, 2026.

Kindly take the information on record.

Yours sincerely,

For Hikal Limited

RAJASEKHAR Digitally signed by RAJASEKHAR REDDY
REDDY CHINTAKINDI
Date: 2026.06.04 16:06:08 +05'30'

Rajasekhar Reddy
Company Secretary and Compliance Officer

Encl: As above

Hikal Ltd.

Admin. Office: Great Eastern Chambers, 6th Floor, Sector 11, CBD Belapur, Navi Mumbai - 400 614, India. Tel. +91-22-6277 0299, +91-22-6866 0300

Regd. Office: 717, Maker Chambers - 5, Nariman Point, Mumbai - 400 021, India. Tel. +91-22 6277 0477. Fax: +91-22 6277 0500

www.hikal.com info@hikal.com CIN: L24200MH1988PTC048028

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HIKAL

POSTAL BALLOT NOTICE

HIKAL LIMITED

Regd. Office: 717/718, 7th Floor, Maker Chamber V, Nariman Point, Mumbai – 400 021.

Corporate Identification No.: L24200MH1988PTC048028;

Tel No.: 022 6277 0477 / 6277 0500;

Email: secretarial@hikal.com;

Website: www.hikal.com

POSTAL BALLOT

Notice pursuant to Section 110 of the Companies Act, 2013

Dear Shareholders,

Notice is hereby given pursuant to Sections 108 and 110 of the Companies Act, 2013 (“Act”) and any other applicable provisions, if any, of the Act read with the Companies (Management and Administration) Rules, 2014 (“Rules”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), Secretarial Standard on General Meetings (“SS-2”) issued by the Institute of Company Secretaries of India (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), General Circular Nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020, and subsequent circulars issued in this regard, the latest being General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (“MCA”) (hereinafter collectively referred to as “MCA Circulars”) and other applicable laws, to the members of Hikal Limited, that the resolution set out below is proposed to be passed as a Special Resolution for approval of the Members of Hikal Limited (“the Company”) through Postal Ballot by voting through electronic means (“remote e-Voting”) only.

Special Business

1. Appointment of Mr. Sandip Parikh (DIN: 00030990) as an Independent Director of the Company

To consider and, if thought fit, to pass the following resolution as a Special Resolution:

“RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 read with Schedule IV and other applicable provisions of the Companies Act, 2013 (“Act”), the Companies (Appointment and Qualification of Directors) Rules, 2014, Regulation 17, 25 and any other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) (including any statutory modification(s) or re-enactment(s) thereof for the time being in force) and the Articles of Association of the Company and based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company, Mr. Sandip Parikh (DIN: 00030990), who was appointed as an Additional Director of the Company, in the category of Independent Director by the Board of Directors with effect from May 27, 2026, be and is hereby appointed as an Independent Director of the Company, not liable to retire by rotation, for a first term of 5 (five) consecutive years commencing from May 27, 2026.

RESOLVED FURTHER THAT all the Directors and/or Company Secretary be and are hereby severally authorised to file the returns/ forms/ other documents with the statutory and other authorities and to do all such acts, deeds and things as may be deemed expedient and necessary to give effect to the foregoing resolution.”

By Order of the Board of Directors

For Hikal Limited

Registered Office:

717/718, Maker Chamber V,

Nariman Point,

Mumbai – 400 021

Dated: May 27, 2026

Sd/-

Rajasekhar Reddy

Company Secretary

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HIKAL

POSTAL BALLOT NOTICE

NOTES:

1. Explanatory statement pursuant to Section 102 read with Section 110 of the Act and Regulation 36(3) of Listing Regulations and Secretarial Standard-2 on General Meetings issued by the Institute of Company Secretaries of India, stating all material facts and reasons for the proposal set out under the Postal Ballot Notice is annexed hereto.

2. In accordance with the MCA Circulars, this Postal Ballot Notice is being sent only through electronic mode to those Members whose names appear in the Register of Members / Register of Beneficial Owners as received from the Depositories as on Friday, May 29, 2026 ("Cut-Off Date") and whose e-mail address is registered with the Company / Registrar & Share Transfer Agent / Depository Participants / Depositories. Please note that those shareholders who may not have received this Postal Ballot Notice due to non-registration of their e-mail addresses with the Company / Registrar & Share Transfer Agent / Depository Participants / Depositories, are also entitled to vote as per the instructions provided in this Postal Ballot Notice. Physical copies of the Postal Ballot Notice along with postal ballot forms and pre-paid business reply envelopes are not being sent to Members for this Postal Ballot.

3. Members may note that the Postal Ballot Notice will also be available on the website of the Company at www.hikal.com, websites of the Stock Exchanges BSE at www.bseindia.com and National Stock Exchange of India Limited ("NSE") at www.nseindia.com, and on the website of National Securities Depository Limited ("NSDL") at www.evoting.nsdl.com.

4. All material documents referred to in the explanatory statement will be available for inspection electronically until the last date for receipt of votes by remote e-Voting. Members seeking to inspect such documents can send an email to secretarial@hikal.com.

5. Only a member, whose names appear in the Register of Members / Register of Beneficial Owners, as on the Cut-Off Date, maintained by the Depositories i.e. the National Securities Depository Limited (NSDL) / Central Depository Services (India) Limited (CDSL) shall be entitled to participate in the remote e-Voting. A person who is not a Member as on the Cut-Off Date, should treat this Postal Ballot Notice for information purpose only.

6. Pursuant to Section 108 of the Act, read with Rule 20 of the Rules, Regulation 44 of the Listing Regulations and the MCA Circulars, the Company is providing the facility of remote e-Voting to the members to cast their votes electronically on the resolution set forth in this Notice. For this purpose, the Company has availed the services of NSDL for facilitating remote e-Voting. Detailed instructions for remote e-Voting are provided in this Notice.

7. The remote e-Voting period commences at 09.00 A.M. (IST) on Friday, June 05, 2026 and ends at 05.00 P.M. (IST) on Saturday, July 04, 2026. During this period members holding shares either in physical or dematerialized form as on the cut-off date i.e. Friday, May 29, 2026, may cast their votes electronically. The remote e-Voting module shall be disabled by NSDL for voting thereafter.

8. The Company has appointed Mr. Dhrumil Shah of Dhrumil M. Shah and Co LLP, Practicing Company Secretaries (Membership No. FCS 8021 CP No.8978), as Scrutinizer to conduct the Postal Ballot process in a fair and transparent manner.

9. The Scrutinizer shall unlock the votes and will submit his report to the Chairman of the Company or such other person as may be authorised by the Chairman. After completion of the scrutiny the results of the remote e-Voting will be announced within two working days from the conclusion of remote e-Voting. The results of the remote e-Voting shall be placed on the Company's website at www.hikal.com for information of the members, besides being communicated to the Stock Exchanges on which the shares of the Company are listed and on the website of NSDL.

10. The Scrutinizer's decision on the results of the Postal Ballot shall be final.

11. The resolution, if approved, shall be deemed to have been passed on the last date of remote e-Voting i.e. Saturday, July 04, 2026.

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HIKAL

POSTAL BALLOT NOTICE

INSTRUCTIONS FOR REMOTE E-VOTING

How do I vote electronically using NSDL remote e-Voting system?

The way to vote electronically on NSDL remote e-Voting system consists of "Two Steps" which are mentioned below:

Step 1: Access to NSDL remote e-Voting system

A) Login method for remote e-Voting for Individual shareholders holding securities in demat mode

In terms of SEBI circular dated December 9, 2020, on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

Login method for Individual shareholders holding securities in demat mode is given below:

Type of shareholders	Login Method
Individual Shareholders holding securities in demat mode with NSDL.	1. For OTP based login you can click on https://eservices.nsdl.com/SecureWeb/evoting/evotinglogin.jsp. You will have to enter your 8-digit DP ID,8-digit Client Id, PAN No., Verification code and generate OTP. Enter the OTP received on registered email id/mobile number and click on login. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period.
2. Existing IDeAS user can visit the e-Services website of NSDL Viz. https://eservices.nsdl.com either on a Personal Computer or on a mobile. On the e-Services home page click on the “Beneficial Owner” icon under “Login” which is available under ‘IDeAS’ section, this will prompt you to enter your existing User ID and Password. After successful authentication, you will be able to see e-Voting services under Value added services. Click on “Access to e-Voting” under e-Voting services and you will be able to see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be re-directed to e-Voting website of NSDL for casting your vote during the remote e-Voting period.
3. If you are not registered for IDeAS e-Services, option to register is available at https://eservices.nsdl.com. Select “Register Online for IDeAS Portal” or click at https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp
4. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile. Once the home page of remote e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e. your sixteen digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period.
5. Shareholders/Members can also download NSDL Mobile App “NSDL Speede” facility by scanning the QR code mentioned below for seamless voting experience.

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HIKAL

POSTAL BALLOT NOTICE

Type of shareholders	Login Method
Individual Shareholders holding securities in demat mode with CDSL	1. Users who have opted for CDSL Easi / Easiest facility, can login through their existing user id and password. Option will be made available to reach e-Voting page without any further authentication. The users to login Easi / Easiest are requested to visit CDSL website www.cdslindia.com and click on login icon & New System Myeasi Tab and then use your existing my easi username & password.
2. After successful login the Easi / Easiest user will be able to see the e-Voting option for eligible companies where the evoting is in progress as per the information provided by company. On clicking the evoting option, the user will be able to see e-Voting page of the e-Voting service provider for casting your vote during the remote e-Voting period. Additionally, there is also links provided to access the system of all e-Voting Service Providers, so that the user can visit the e-Voting service providers' website directly.
3. If the user is not registered for Easi/Easiest, option to register is available at CDSL website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option.
4. Alternatively, the user can directly access remote e-Voting page by providing Demat Account Number and PAN No. from a remote e-Voting link available on www.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the evoting is in progress and also able to directly access the system of all e-Voting Service Providers.
Individual Shareholders (holding securities in demat mode) login through their depository 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. Upon logging in, you will be able to see remote e-Voting option. 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 i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period.

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. NSDL and CDSL.

Login type	Helpdesk details
Individual Shareholders holding securities in demat mode with NSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request at evoting@nsdl.com or call at 022 - 4886 7000
Individual Shareholders holding securities in demat mode with CDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending a request at helpdesk.evoting@cdslindia.com or contact at toll free no. 1800-21-09911

B) Login Method for shareholders other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

How to Log-in to NSDL e-Voting website?

1. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile.
2. Once the home page of e-Voting system is launched, click on the icon "Login" which is available under 'Shareholder/Member' section.
3. A new screen will open. You will have to enter your User ID, your Password/OTP and a Verification Code as shown on the screen.

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HIKAL

POSTAL BALLOT NOTICE

Alternatively, if you are registered for NSDL eservices i.e. IDEAS, you can log-in at https://eservices.nsdl.com/ with your existing IDEAS login. Once you log-in to NSDL eservices after using your log-in credentials, click on e-Voting and you can proceed to Step 2 i.e. Cast your vote electronically.

1. Your User ID details are given below :

Manner of holding shares i.e. Demat (NSDL or CDSL) or Physical	Your User ID is:
a) For Members who hold shares in demat account with NSDL.	8 Character DP ID followed by 8 Digit Client ID
For example if your DP ID is IN300 and Client ID is 12 then your user ID is IN30012.
b) For Members who hold shares in demat account with CDSL.	16 Digit Beneficiary ID
For example if your Beneficiary ID is 12 then your user ID is 12
c) For Members holding shares in Physical Form.	EVEN Number followed by Folio Number registered with the company.
For example if folio number is 001 and EVEN is 101456 then user ID is 101456001

1. Password details for shareholders other than Individual shareholders are given below:

a) If you are already registered for remote e-Voting, then you can use your existing password to login and cast your vote.
b) If you are using NSDL e-Voting system for the first time, you will need to retrieve the 'initial password' which was communicated to you. Once you retrieve your 'initial password', you need to enter the 'initial password' and the system will force you to change your password.
c) How to retrieve your 'initial password'?

(i) If your email ID is registered in your demat account or with the company, your 'initial password' is communicated to you on your email ID. Trace the email sent to you from NSDL from your mailbox. Open the email and open the attachment i.e. a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your 'User ID' and your 'initial password'.
(ii) If your email ID is not registered, please follow steps mentioned below in process for those shareholders whose email ids are not registered

1. If you are unable to retrieve or have not received the "Initial password" or have forgotten your password:

a) Click on "Forgot User Details/Password?" (If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.
b) Physical User Reset Password?" (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.
c) If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.com mentioning your demat account number/folio number, your PAN, your name and your registered address etc.
d) Members can also use the OTP (One Time Password) based login for casting the votes on the remote e-Voting system of NSDL.

1. After entering your password, tick on Agree to "Terms and Conditions" by selecting on the check box.
2. Now, you will have to click on "Login" button.
3. After you click on the "Login" button, Home page of e-Voting will open.

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HIKAL

POSTAL BALLOT NOTICE

Step 2: Cast your vote electronically on NSDL e-Voting system.

How to cast your vote electronically on NSDL e-Voting system?

1. After successful login at Step 1, you will be able to see all the companies “EVEN” in which you are holding shares and whose voting cycle.
2. Select “EVEN” of company for which you wish to cast your vote during the remote e-Voting period.
3. Now you are ready for e-Voting as the Voting page opens.
4. Cast your vote by selecting appropriate options i.e. assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on “Submit” and also “Confirm” when prompted.
5. Upon confirmation, the message “Vote cast successfully” will be displayed.
6. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.
7. Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

General Guidelines for shareholders

1. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) are required to send scanned copy (PDF/JPG Format) of the relevant Board Resolution/ Authority letter etc. with attested specimen signature of the duly authorized signatory(ies) who are authorized to vote, to the Scrutinizer and to the Company at the e-mail address viz. dhrumil@dmshah.in and secretarial@hikal.com with a copy marked to evoting@nsdl.com. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) can also upload their Board Resolution / Power of Attorney / Authority Letter etc. by clicking on “Upload Board Resolution / Authority Letter” displayed under “remote e-Voting” tab in their login.
2. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the remote e-Voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the “Forgot User Details/Password?” or “Physical User Reset Password?” option available on www.evoting.nsdl.com to reset the password.
3. In case of any queries, you may refer the Frequently Asked Questions (FAQs) for Shareholders and remote e-Voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on: 022-4886 7000 or send a request to Ms. Pallavi Mhatre, Sr. Manager at evoting@nsdl.com

Process for those shareholders whose email ids are not registered with the depositories for procuring user id and password and registration of e mail ids for remote e-Voting for the resolutions set out in this notice:

1. In case shares are held in physical mode please provide Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self attested scanned copy of PAN card), AADHAR (self attested scanned copy of Aadhar Card) by email to Company/Register & Share Transfer Agent by sending an email at: secretarial@hikal.com or investor.helpdesk@in.mpms.mufg.com
2. In case shares are held in demat mode, please provide DPID-CLID (16 digit DPID + CLID or 16 digit beneficiary ID), Name, client master or copy of Consolidated Account statement, PAN (self attested scanned copy of PAN card), AADHAR (self attested scanned copy of Aadhar Card) to secretarial@hikal.com or investor.helpdesk@in.mpms.mufg.com. If you are an Individual shareholders holding securities in demat mode, you are requested to refer to the login method explained at step 1 (A) i.e. Login method for e-Voting for Individual shareholders holding securities in demat mode.
3. Alternatively shareholder/members may send a request to evoting@nsdl.com for procuring user id and password for e-Voting by providing above mentioned documents.
4. In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are required to update their mobile number and email ID correctly in their demat account in order to access e-Voting facility.

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HIKAL

POSTAL BALLOT NOTICE

EXPLANATORY STATEMENT AS REQUIRED UNDER SECTION 102 OF THE COMPANIES ACT, 2013 ('THE ACT')

Item No. 1

Appointment of Mr. Sandip Parikh (DIN: 00030990) as an Independent Director of the Company

The Board of Directors of the Company at its meeting held on May 27, 2026, based on the recommendation of the Nomination & Remuneration Committee, appointed Mr. Sandip Parikh (DIN: 00030990) as an Additional Director in the category of Independent Director of the Company for a first term of 5 (five) consecutive years commencing from May 27, 2026, subject to the approval of shareholders by way of a special resolution.

The Company has also received a notice in writing from one of the members, pursuant to Section 160 of the Companies Act, 2013, proposing the candidature of Mr. Sandip Parikh as an Independent Director of the Company.

Mr. Sandip Parikh has given his consent to act as Director of the Company and further, has given a declaration that he meets the criteria of independence provided under the Act and the Listing Regulations. He has confirmed that he is neither disqualified in terms of Section 164 of the Act from being appointed as a Director nor debarred from holding office of director by virtue of any SEBI order or any other such authority.

Mr. Sandip Parikh is a Chartered Accountant and Law Graduate with 38 years of experience in Taxation, Assurance, and Transaction Advisory services. As a Partner at M/s. G. K. Choksi & Co.—a prominent Chartered Accountancy firm headquartered in Ahmedabad, Gujarat, with a strategic presence in Delhi and Mumbai, he provides a range of services such as Audit & Assurance, taxation, Transaction Advisory, Merger & Acquisition, Structuring, Turnaround and Corporate, Insolvency, Income Tax and Security Law advisory.

The Board is of the opinion that Mr. Sandip Parikh fulfills the conditions specified in the Act, the Rules made thereunder and the Listing Regulations, for being appointed as an Independent Director and he is independent of the management. He possesses the required skills, expertise and competencies required in the context of the Company's business and the appointment of Mr. Sandip Parikh as an Independent Director is in the interest of the Company. Mr. Sandip Parikh (DIN: 00030990) is proposed to be appointed as an Independent Director for a first term of 5 (five) consecutive years commencing from May 27, 2026.

Information as required under regulation 36 of the Listing Regulations and Secretarial Standard-2 on General Meetings issued by the Institute of Company Secretaries of India is provided as Annexure to this Notice.

The Board recommends the Special Resolution as set out hereinabove for approval of the members.

Save and except Mr. Sandip Parikh, being an appointee, none of the Directors, Key Managerial Personnel of the Company or their relatives, are concerned or interested (financially or otherwise), in this resolution set out in the Notice.

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HIKAL

POSTAL BALLOT NOTICE

Details of Director as required under Regulation 36(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standards on General Meeting (SS-2)

Name of Director	Mr. Sandip Parikh
Director Identification No.	00030990
Date of Birth and age	August 08, 1963 (62 Years)
Date of first appointment on board	May 27, 2026
Qualification	C.A, LL.B & B.COM
Experience/ Expertise in specific functional area, skills and capabilities required for the role and met by the proposed person	Strategic expertise, Planning, Industry knowledge, Business Operations, Finance acumen, Corporate Governance & Risk Management, Taxation and Insolvency Legal expertise, Integrity, Business Strategy, Operational efficiency & Investments.
Terms and Conditions of appointment / re-appointment along with details of remuneration sought to be paid	As per the resolution.
Remuneration last drawn	Not applicable
Number of meetings of the Board attended	Not applicable
Relationship with any Director(s)/ KMP of the Company	Not related to any Director or KMP
Directorship in other Companies	· Pashupati Cotspin Limited
· GKC Advisory Services Private Limited
· Kaushiki Arts Private Limited
· Providentia Advisors Private Limited
· Monarch Networth Trustee Private Limited
· Kaushiki Music and Us Private Limited
Member / Chairman of the committees of the Board of other Companies	· Pashupati Cotspin Limited - Chairman of Audit Committee
· Pashupati Cotspin Limited - Member of Nomination and Remuneration Committee
Names of listed Companies from which the appointee resigned in last three years	Not applicable
Number of shares held in the Company (self and as a beneficial owner)	Nil

By Order of the Board of Directors

For Hikal Limited

Registered Office:

717/718, Maker Chamber V,

Nariman Point,

Mumbai - 400 021

Dated: May 27, 2026

Sd/-

Rajasekhar Reddy

Company Secretary