Ind-Swift Laboratories Ltd. — Board/Management Information 2023

Aug 31, 2023

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Ref: ISLL:CH:2023

Date: 31[st] August, 2023

The President The Vice President, Corporate Relationship Department Listing Compliance Department, BSE Limited National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] Floor 25[th] Floor, Dalal Street, Plot No. C/2, G-Block, Mumbai 400 001 Bandra Kurla Complex, Bandra (E), Mumbai 400 051

ISIN: INE915B01019, INE915B07024 BSE Scrip Code: 532305, 957989 NSE Symbol: INDSWFTLAB

SUB: OUTCOME OF BOARD MEETING

Dear Sir,

Pursuant to the provisions of Regulation 30 and 33 and any other applicable provisions, if any, of the Securities and Exchange of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (hereinafter “SEBI Listing Regulations”) please note that the Board of Directors in their meeting held today i.e. 31[st] August, 2023, have considered and inter-alia approved the following: -

1. To convene the 28[th] Annual General Meeting of the Members of the Company on Saturday, the 30[th] day of September, 2023 at 11:00 A.M.

2. Closure of Register of members of the Company from Monday, 25[th] September, 2023 to Saturday, 30[th] September, 2023 (both days inclusive), for the purpose of Annual General Meeting of the Company.

3. Re-appointment of Mrs. Neerja Chathley, Independent Director of the Company for a second term of 5 years w.e.f. 10[th] May, 2024, as recommended by Nomination and Remuneration Committee, subject to the approval of the shareholders of the company. A brief profile of Director is provided in Annexure.

4. Approval for continuation of tenure of Sh. Ashwani Kumar Vig as Independent Director even after attaining the age of 75 years on 5[th] October, 2023, as recommended by Nomination and Remuneration Committee, subject to the approval of the shareholders of the company. A brief profile of Director is provided in Annexure.

5. Appointment of Mr. Vishal Arora, Practising Company Secretary, as Scrutinizer to scrutinize the e-voting process in a fair and transparent manner in connection with the 28[th] Annual General Meeting.

Pardeep Digitally signed by Pardeep Verma Verma Date: 2023.08.31 16:29:02 +05'30'

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1. Sale of a property of the Company being a Flat at Andheri (West), Mumbai at a total consideration of Rs. 2.75 Crores (Rupees Two Crore and Seventy-Five Lakhs Only).

The information required pursuant to Regulation 30 of the SEBI (LODR) Regulations, read with SEBI Master Circular issued vide circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed herewith as Annexure. The above is for your information and records.

The Board Meeting commenced at 03:00 P.M and concluded at 04:15 P.M. You are requested to kindly take the same on record.

With Regards, For IND-SWIFT LABORATORIES LTD. Pardeep Digitally signed by Pardeep Verma Verma Date: 2023.08.31 16:28:30 +05'30' PARDEEP VERMA VP-CORPORATE AFFAIRS & COMPANY SECRETARY

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Annexure

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BRIEF PROFILE OF DIRECTORS SEEKING APPOINTMENT/REAPPOINTMENT

Sr. No.	Particulars	Description	Description
1.	Name of Director	Mrs. Neerja Chathley	Dr. Ashwani Kumar Vig
2.	Reason for Change	Re-appointment as an Independent Director for the second term of 5 (Five) consecutive years.	Ratification of appointment for the remaining period of second term after he attains the age of 75 years.
3.	Date of appointment / reappointment & Term of appointment	Re-appointment has been approved by the Board of Directors, subject to the approval of the shareholders and the effective date of re- appointment will be 10thMay, 2024.	Dr. Vig was appointed as an Independent Director w.e.f. 13thFebruary, 2020 for a period of 5 years in the AGM held on 29thSeptember, 2020. He will be attaining the age of 75 years during his tenure on 5thOctober, 2023. The Board has approved the same, subject to the approval of the shareholders.
4.	Brief Profile	Mrs. Neerja Chathley aged 67 years is an Independent Director of the company. She has over 33 years of experience in the Education Sector. She has completed M.A. and M. Ed.	Dr. Ashwani Kumar Vig is an Independent Director of the company. He has over 36 years of experience in Quality Management. He has completed M.B.A. and Ph. D.
5.	Relationship Between Directors / KMP inter- se	None	None
6.	Information as required under BSE circular no. LIST/COMP/14/ 2018- 19 and NSE circular no. NSE/CML/2018/ 24, dated June 20, 2018	We confirm that Mrs. Chathley is not debarred from holding the office of Director by any SEBI order or any other such authority.	We confirm that Dr. Vig is not debarred from holding the office of Director by any SEBI order or any other such authority.

Pardeep Digitally signed by Pardeep Verma Verma Date: 2023.08.31 16:29:20 +05'30'

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