Ind-Swift Laboratories Ltd. — AGM Information 2021

Aug 28, 2021

Ind-Swift Laboratories Limited

(A Recognised Export House) Regd. Office : S.C.O. 850, Shivalik Enclave, NAC, Manimajra, Chandigarh - 160 101 Phones : ++ 91 - 172-2730503, 2730920, Fax + + 91 - 172 - 2730504, 2736294 E-mail : info@indswiftlabs.com Website : www.indswiftlabs.com CIN No. L24232CH1995PLC015553

Ref.: ISLL:CH:2021: Date: 28" August, 2021

Bombay Stock Exchange Limited, Exchange Plaza, 5" Floor, Phiroze Jeejeebhoy Towers, _ Plot No.C/2, G-Biock, 25" Floor, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051

The President, The Vice President, Corporate Relationship Department, National Stock Exchange of India Limited,

BSE Scrip Code: 532305 NSE Symbol: INDSWFTLAB .

Sub: Proceedings of the ist Extra-Ordinary General Meeting (EOGM) of Financial Year 2021-22 of the Members of the Ind-Swift Laboratories Limited held on Saturday, August 28, 2021 through Video Conferencing/Other Audio-Visual Means

Pursuant to Regulation 30 read with Para A of Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure: Requirements) Regulations, 2015, please find enclosed herewith the proceedings of the 1st Extra-Ordinary General Meeting (EOGM) of Financial Year 2021-22 of the Members of the Ind-Swift Laboratories Limited held today i.e. Saturday, August 28, 2021 through Video Conferencing/Other Audio-Visual Means.

The results of voting alongwith Scrutnizer Report will be intimated separately to BSE Ltd and National Stock Exchange of India Ltd within 2 workings days from the conclusion of the meeting. Further, the same will be displayed on the website of the Compariy i.e. indswiftlabs.com and also on the website of CDSL i.e. evotingindia.com

You are requested to kindly take the same on record.

Thanking you,

ND#SWIFTILABORATORIES LTD.

PARDEEP VERMA 37 AVP-CORPORATE AFFAIRS & COMPANY SECRETARY

Encl: as above

Ind-Swift Laboratories Limited

The Meeting was held in compliance with the General Circular Nos. 14/2020 dated 8 April, 2020, 17/2020 dated 13" April, 2020, 2020, 22/2020 dated 15" June, 2020, 33/2020 dated 28"" September 2020, 39/2020 dated 31st December 2020 and 10/2021 dated 23 June, 2021 issued by the Ministry of Corporate Affairs (collectively referred to as "MCA Circulars") read with Circular No. SEBI/HO/CFD/CMD1/CIRIP/202017 dated 12 May, 2020 and Circular No. SEBI/HOI CFD/CMD2/CIRIP/2021/11 dated 15th January 2021 OR issued by the Securities and Exchange Board of India ("SEBI Circular").

DIRECTORS:-

LaboratoriesInd-SwiftLimited
	info@indswiftlabs.comE-mail:		(A Recognised Export House)Regd. Office : $.C.O. 850, Shivalik Enclave, NAC, Manimajra, Chandigarh - 160 101Phones : ++ 91 - 172-2730503, 2730920, Fax + + 91 - 172 - 2730504, 2736294www.indswiftlabs.comWebsite:
			CIN No. L24232CH1995PLC015553
Ind-Swift	Proceedings of the I"LabcratoriesLimitedheldConferencing/Other Audio-Visual Means	on	Extra-Ordinary Genera! Meeting of Financial Year 2021-22 of the Members ofSaturday,August28,	2021	throughVideoo
Company")	I" Extra-Ordinary General Meeting ("EOGM") of the Members of ind-Swift Lauoratories Limited ("theSaturday, August 28, 2021was held on(-VC") / Other Audio Visual Means (""OAVM").		11.00 A.M(IST) throughat		Video ConferencingSs
dated	¥The Meeting was held in compliance with the General Circular Nos. 14/2020 dated 8 April, 2020, 17/2020dated 13" April, 2020, 2020, 22/2020 dated 15" June, 2020, 33/2020 dated 28"" September 2020, 39/2020dated 31st December 2020 and 10/2021 dated 23 June, 2021issued by the Ministry of Corporate Affairs(collectively referred to as "MCA Circulars") read with Circular No. SEBI/HO/CFD/CMD1/CIRIP/202017CFD/CMD2/CIRIP/2021/11SEBI/HOIMay, 2020 and Circular No.15th January 2021dated12ORissued by the Securities and Exchange Board of India ("SEBI Circular").The following Directors, KMP's and Auditors were present in the meeting through video conferencing (VC)
DIRECTORS:-	from their respective locations:
S.NoI	NameSh. Navrattan Munjal		DesignationChairman and Managing Director		Location for VC__ Chandigarh
2	Sh. Himanshu Jain		' Joint Managing Director		Chandigarh
3	Sh. Rishav Mehta		Whole Time Director		Derabassi, Punjab
4	Sh. Sahil Munjal		Whoie Time Director		Derabassi
5	Sh. S P Sharma		Independent Director & Chairmanof Audit Committee		New Delhi
6	Dr. Ashwani Kumar Vig		Independent Director & Chairman of - Chandigarh
			NominationRemunerationand
		-	Committee &StakeholderRelationshipCommittee
7	Mr. Rajinder Kumar Gupta		Independent Director		Chandigarh
§	Ms. Neerja Chathley		Independent Director		Shimla
	KEY MANAGERIAL PERSONNEL (KMP):
S.No	Name of the Director		Designation;		Location for VC
	Sh. Pardeep Verma		AVP-CorporateAffairsCompany Secretary	& Chandigarh:
2	Sh. Gagan Aggarwal		Chief Finance Officer	Panchkula
3	Sh. Sunil Deshmukh		Chief Executive Officer		Derabassi, Punjab —
4	Sh. Lovekesh Mahajan		Chief Accounts Officer	Chandigarh
AUDITORS:.
S.No	Name of the Director		Designation		Location for VC
l	Sh. Avishkar Singhal		Statutory Auditors	Chandigarh

KEY MANAGERIAL PERSONNEL (KMP):

S.No	Name of the Director	Designation;	Location for VC& Chandigarh:
	Sh. Pardeep Verma	AVP-CorporateAffairsCompany Secretary
2	Sh. Gagan Aggarwal	Chief Finance Officer	Panchkula
3	Sh. Sunil Deshmukh	Chief Executive Officer	Derabassi, Punjab —
4	Sh. Lovekesh Mahajan	Chief Accounts Officer	Chandigarh

AUDITORS:.

Sh. Avishkar SinghalStatutory AuditorslSh. S C PathakInternal Auditors2Sh. Vishal AroraAuditorsSecretarialeScrutinizerforthisEOGM	ChandigarhChandigarhand Chandigarh

Ind-Swiht Laboratories Limited (A a Export House)

Regd. Office : $.C.O. 850, Shivalik Enclave, NAC, Manimajra, Chandigarh - 160 101 Phones : ++ 91 - 172-2730503, 2730920, Fax + + 91 - 172 - 2730504, 2736294 Ind-Swift E-mail : info@indswiftlabs.com Website : www.indswiftlabs.com CIN No. L24232CH1995PLC015553

Members Attendance

Representations under Section 113 of the Companies Act, 2013 ("the Act") for a total of 2.41 Crores Shares aggregating to 41 % of the total paid up equity share capital were received.

52 members attended the meeting through Video Conferencing/Other Audio-Visual Means including bodies corporate through their representatives.

Mr. Pardeep Verma, AVP-Corporate Affairs & CS, welcomed the Shareholders who were participating in the Meeting through VC/ OAVM and briefed them about certain important points regarding vidéo conferencing.

The Company Secretary informed that in compliance of Section 108 of the Companies Act, 2013 (" Act"), read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company had provided the Members the facility to cast their vote electronically on the resolution set forth in the Notice. The remote evoting started from Wednesday, 25th August, 2021 at 9:00 a.m. (IST) and ended on Friday, 27th August, 2021 at 5:00 p.m. (IST).

He further informed that the Members who are attending the EOGM through VC/OAVM facility but have not casted their votes through remote e-voting are being provided an opportunity to cast their votes through the e-voting system provided by CDSL during the Meeting and 15 minutes after the conclusion of the meeting.

Thereafter, Company Secretary informed that Mr. Vishal Arora, Company Secretary has been appointed as the Scrutinizer for the purpose of carrying out the remote e-voting and the e-voting process during EOGM in. a fair and transparent manner.

The Company Secretary explained the procedure for exercising the votes by the members and representative through e-voting during the meeting.

S.No	Agenda Item						Type of Resolution
Special Business
l	Approval	for	sale	and	transfer	of	Active	Special Resolution
	Pharmaceuticals("API")Ingredientsbusinessof the
	Company

The summary of the resolutions put up for members' approval were as under:

The Members were informed that the Results would be declared after considering the Remote e-voting and Voting by Members present in the EOGM. They were also informed that the voting results along with the Scrutinizer report would be submitted to the Stock Exchanges (NSE and BSE) within 2 Working Days of EOGM and also placed on the website of the Company i.e. indswiftlabs.com.

Thereafter, he requested the Chairman, Shri Navrattan Munjal to address the shareholders.

Sh. Navrattan Munjal, Chairman and Managing Director welcomed the members to the EOGM of the Company. After ascertaining that requisite quorum for the meeting was present and that the meeting is validly constituted the chairman called the meeting to order. (

Ind-Swift Laboratories Limited

(A Recognised Export House) z Regd. Office : S.C.O. 850, Shivalik Enclave, NAC, Manimajra, Chandigarh - 160 101 or Phones : ++ 91 - 172-2730503, 2730920, Fax + + 91 - 172 - 2730504, 2736294 Ind-SwHt E-mail : info@indswiftlabs.com Website : www.indswiftlabs.com : CIN No. L24232CH1995PLC015553

The Chairman informed that this EOGM is being held through VC/ OAVM as per the circulars issued by SEB] and MCA.

The Chairman introduced the Board Members, KMPs and Auditors and the place where they were attended the meeting. .

The Notice convening the EOGM of the Company dated July 31, 2021, as circulated to the members of the Company, was taken as read.

The Chairman addressed the members and explained the rationale for the Sale of API Business of the Company. He also replied to the queries of the shareholders received over email. He then invited the queries of the members who have joined the EOGM.

All the queries of the members were replied suitably by the Chairman at the EOGM. Few of queries of the speaker Shareholders will be responded individually to them either telephonically or electronically.

The Chairman thanked all the members for their participation in the meeting. The meeting concluded at 11.45 A.M. The E-voting facility was kept open for next 15 minutes to enable the Shareholders to cast their vote.

Ind§Swift Laboratories Limited RaedeopVerma SOS

AVP-Corporate Affairs & Company Secretary