Laurus Labs Limited — Board/Management Information 2020

Feb 29, 2020

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St·.No.	DisclosureRequirementDetails	Details
1.	ReasonforChangeviz.appointment,resignation,removal,deathorotherwise	Resignationduetopressingpersonalcommitments.Mr. Ramesh Subrahmanian has expressed hisintention to resign as an Independent Directorofthe Company with effect from February 27,2020.
2.	DateofapflOintmentlIcessation(asapplicable)Il....ointment	February 27, 2020

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Ramesh Subrahmanian

235 Arcadia Road, A #06-07, Singapore 289843

Feb 27, 2020

Dr. M.V.G. Rao, Chairman of the Board

Ref: My resignation from the Board of Laurus Labs

Dear Dr. Rao: I regret that due to pressing personal commitments I am resigning from the Board of Laurus Labs, including from my roles on the Audit Committee and as Chair of the Nomination & Remuneration Committee.

I request the Board to take this into consideration at the next Board meeting, which I will be unable to attend myself.

I also declare that there are no other material reasons other than those provided above as a reason for my resignation from the position of independent director of the Company before the expiry of my tenure.

It has been a pleasure to have worked with the Board and management team since before the IPO and I am very proud to see the progress of Laurus as a public company.

I wish the company, all of the Laurus team and all members of the Board, the very best of success in future.

Yours sincerely,

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Ramesh Subrahmanian

Cc: CEO – Dr. Satya Chava