Laurus Labs Limited — AGM Information 2025

Jun 26, 2025

June 26, 2025

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ToThe Corporate Relations DepartmentBSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai – 400 001Code: 540222	ToThe Listing DepartmentNational Stock Exchange of India Ltd.,Exchange Plaza,Bandra Kurla Complex, Bandra (E),Mumbai – 400 051Code: LAURUSLABS

Sub: Proceedings of 20[th] Annual General Meeting

Dear Sir / madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the summary of the proceedings of the 20[th] Annual General Meeting held on June 26, 2025.

The meeting commenced at 03.00 P.M and concluded at 03.54 P.M.

This is for your information and records.

Yours sincerely,

For Laurus Labs Limited

VENKATESWAR Digitally signed by VENKATESWAR REDDY REDDY GOGIREDDY GOGIREDDY Date: 2025.06.26 21:40:37 +05'30'

G. Venkateswar Reddy

Company Secretary & Compliance Officer

Encl: A/a

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SUMMARY OF PROCEEDINGS OF THE 20[TH] ANNUAL GENERAL MEETING

The 20[th] Annual General Meeting (AGM) of the Members of Laurus Labs Limited (“the Company”) was held on Thursday, 26[th] June, 2025 at 3.00 PM through Video Conferencing (VC). The following Directors were present:

Directors Present:

Sr.	Name of the Director	Designation
No.
1.	Dr. Ravindranath Kancherla	Non-Executive Chairman and Independent
		Director and Chairman of Stakeholders
		Relationship Committee
2.	Dr. Chava Satyanarayana	Executive Director and CEO
3.	Mr. Venkata Ravi Kumar Vantaram	Executive Director and CFO
4.	Dr. Chunduru Venkata Lakshmana Rao	Executive Director
5.	Mr. Krishna Chaitanya Chava	Executive Director
6.	Mrs. Soumya Chava	Executive Director
7.	Mrs. Aruna Rajendra Bhinge	Independent Director and Chairman ofNomination and Remuneration Committee
8.	Mr. Karnam Sekar	Independent Director and Chairman of AuditCommittee
9.	Mr. Ramesh Subrahmanian	Independent Director

In attendance:

Sr. No	Name	Designation
1.	Mr. G. Venkateswar Reddy	CompanySecretary
2.	Mr. Manish Muralidhar	Partner, Deloitte Haskins & Sells LLP, StatutoryAuditors
3.	Mr. Y. Ravi Prasada Reddy	Scrutinizer, Proprietor of RPR & Associates

Members Present:

109 persons representing 152627474 Shares have joined the Annual General Meeting via Video Conferencing or Other Audio Visual Means.

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The Company Secretary welcomed the shareholders and Board of Directors for the 20[th] Annual General Meeting and requested Chairman to conduct the proceedings.

Dr. Ravindranath Kancherla, the Chairman of the Board took the Chair and conducted the proceedings of the meeting. The requisite quorum was present and therefore the meeting was called to order. The Chairman delivered his speech followed by the address of shareholders by Dr.Satyanarayana Chava, Executive Director and CEO of the Company.

The Shareholders were informed that the copies of audited financial statements for the year ended March 31, 2025 along with the Board’s Report and Auditors’ Report have been emailed to all the Members and that the original documents along with the statutory registers were available for online inspection. The shareholders were further informed that the Company had provided the Members the facility to cast their vote electronically on all resolutions as set forth in the Notice. Members who were present at the AGM but did not cast their votes electronically were provided an opportunity to cast their votes through e-voting during the meeting.

Members sought certain clarifications / information, which were responded to appropriately.

The following items of business, as per the Notice of the 20[th] AGM dated May 15, 2025 were transacted at the Meeting:

1. Adoption of the audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, the reports of Board of Directors and Auditors thereon (Ordinary Resolution)

2. Adoption of the audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 and report of Auditors thereon. (Ordinary Resolution)

3. Approving and ratifying the 1[st] interim dividend on equity shares @ Rs. 0.40 per share already paid for the Financial Year 2024-25. (Ordinary Resolution)

4. Approving and ratifying the 2[nd] interim dividend on equity shares @ Rs. 0.80 per share already paid for the Financial Year 2024-25 (Ordinary Resolution)

5. Appointment of a Director in place of Dr. Satyanarayana Chava (DIN: 00211921) who retires by rotation and, being eligible, offers himself, for re-appointment (Ordinary Resolution)

6. Appointment of a Director in place of Dr. C.V. Lakshmana Rao (DIN: 06885453) who retires by rotation and, being eligible, offers himself, for re-appointment (Ordinary Resolution)

7. Approval of remuneration payable to Cost Auditors for the financial year ending 2025-26 (Ordinary Resolution)

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1. Approval of appointment of Secretarial Auditors of the Company (Ordinary Resolution)

2. Approval for re-appointment of Dr. Satyanarayana Chava (DIN: 00211921) as an Executive Director & CEO of the Company (Special Resolution)

3. Approval for re-appointment of Mr. V.V. Ravi Kumar (DIN: 01424180) as an Executive Director & CFO of the Company (Special Resolution)

4. Approval for modification of terms of employment contract of Dr. Lakshmana Rao CV (DIN: 06885453), Whole-Time Director of the Company (Special Resolution)

5. Approval for modification terms of employment contract of Mr. Krishna Chaitanya Chava (DIN: 06831883), Whole-Time Director of the Company (Special Resolution)

6. Approval for modification terms of employment contract of Mrs. Soumya Chava (DIN: 06831892), Whole-Time Director of the Company (Special Resolution)

The Chairman informed the Shareholders that Mr. Y Ravi Prasada Reddy, Proprietor of RPR & Associates, Practicing Company Secretary, Hyderabad, was appointed as the Scrutinizer to conduct the remote e-voting and e-voting in the AGM process in a fair and transparent manner and to report on the voting results for the items as per the Notice of the 20[th] AGM.

The Chairman authorized the Company Secretary on behalf of the Board, to declare the results of voting. The Scrutinizer’s Report was received and accordingly all the resolutions as set out in the Notice of the 20[th] AGM were declared as passed by requisite majority.

Thereafter, the meeting concluded with a vote of thanks.

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