STRIDES PHARMA SCIENCE LIMITED — AGM Information 2019

Jul 31, 2019

July 31, 2019

The BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 532531

The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051. Scrip Code: STAR

Dear Sir,

Ref: 28th Annual General Meeting of the Company and disclosure under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')

We wish to inform you that the 28th Annual General Meeting ('AGM') of the Company was held on Tuesday, July 30, 2019.

In this connection, please find enclosed the summary of Proceedings of the AGM as required under Regulation 30 of SEBI Listing Regulations.

This is for your information and records.

Thanks & Regards, For Strides Pharma Science Limited

Manjula Ramamurthy Company Secretary

Encl. as above

Strides Pharma Science Limited

(Formerly Strides Shasun Limited) CIN: L24230MH1990PLC057062 Corp Off: Strides House, Bilekahalli, Bannerghatta Road, Bangalore - 560 076, India Tel: +91 80 6784 0000 Fax: +91 80 6784 0700 Regd Off: 201, Devavrata, Sector 17, Vashi, Navi Mumbai – 400 703, India Tel: +91 22 2789 2924 / 3199 Fax: +91 22 2789 2942 info@strides.com; www.strides.com

SUMMARY OF PROCEEDINGS OF THE TWENTY EIGHTH ANNUAL GENERAL MEETING OF THE COMPANY HELD ON TUESDAY, JULY 30, 2019 FROM 11:30 HRS TO 12:40 HRS AT HOTEL FOUR POINTS BY SHERATON, VASHI, NAVI MUMBAI – 400 701.

Present

Mr. Deepak Vaidya	Non-Executive Director and Chairman of the Board
Mr. Arun Kumar	Managing Director & Group CEO
Mr. Badree Komandur	Executive Director, Finance & Group CFO
Mr. S. Sridhar	Independent Director and Chairman of the Audit Committee
Mr. Bharat Shah	Independent Director and Chairman of the Nomination and
	Remuneration Committee
Ms. Sangita Reddy	Independent Director and Chairperson of the CSR Committee
Ms. Manjula Ramamurthy	Company Secretary
Mr. Sampad Guha Thakurtha	Partner, M/s. B S R & Co. LLP, Chartered Accountants,
	Statutory Auditors of the Company
Mr. Nilesh Shah	Partner, Nilesh Shah & Associates, Practising Company Secretary
	Scrutinizer for the Voting Process

*****

Ms. Manjula Ramamurthy welcomed the Members to the 28th Annual General Meeting ("AGM") of the Company and introduced the Directors and other invitees present in the meeting to the Members. She informed that Mr. Homi Khusrokhan – Independent Director of the Company had sought leave of absence due to his prior commitments.

Mr. Deepak Vaidya chaired the meeting and as requisite quorum was present called the meeting to order.

The Members were informed that the requisite Statutory Registers and other documents referred to in the Notice of AGM were available for inspection by the Members. It was also informed that in terms of Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014, a certificate from the Statutory Auditors of the Company, certifying that the existing ESOP Schemes of the Company have been implemented in accordance with the SEBI Regulation and in accordance with the Members approval, was also available for inspection by the Members.

Before proceeding with the businesses contained in the AGM Notice, Mr. Arun Kumar presented the operational and financial highlights of the Company for the financial year ended March 31, 2019.

Thereafter, Mr. Vaidya invited queries from the Members of the Company, which were responded appropriately.

Strides Pharma Science Limited

(Formerly Strides Shasun Limited) CIN: L24230MH1990PLC057062 Corp Off: Strides House, Bilekahalli, Bannerghatta Road, Bangalore - 560 076, India Tel: +91 80 6784 0000 Fax: +91 80 6784 0700 Regd Off: 201, Devavrata, Sector 17, Vashi, Navi Mumbai – 400 703, India Tel: +91 22 2789 2924 / 3199 Fax: +91 22 2789 2942 info@strides.com; www.strides.com

With the consent of the Members present, the Notice convening the AGM, the Report of the Board of Directors and Accounts for the Financial Year ended March 31, 2019 were taken as read.

The Chairman further informed that as per the provisions of the Companies Act, 2013 and SEBI Listing Regulations, the Company had provided remote e-voting facility to all the Members through Karvy Fintech Private Limited ('Karvy') to vote on all the resolutions proposed to be passed at the Meeting.

The cut-off date for determining the Members who are entitled to vote through e-voting facility as well as voting at the meeting was Monday, July 22, 2019. The e-voting period commenced at 9.00 a.m. on Wednesday, July 24, 2019 and will end at 5.00 p.m. on Monday, July 29, 2019.

Members holding shares as on the cut-off date, who have not cast their vote electronically were requested to cast their vote using the insta voting facility provided by Karvy. Karvy team was requested to facilitate the voting process for Members of the Company.

The Chairman informed that the Board of Directors of the Company had appointed M/s. Nilesh Shah and Associates, Practicing Company Secretaries, as Scrutinizer for conducting the voting process (both e-voting and voting at the AGM) in a fair and transparent manner.

The Chairman requested Members to cast their vote if they had not voted electronically earlier.

The items of business as mentioned in the Notice of AGM dated May 10, 2019 were transacted at the meeting.

The Chairman stated that the consolidated results of the voting would be declared along with the Scrutinizer's Report to the Stock Exchanges where the shares of the Company are listed and posted on the Company's website, the Notice Board of the Company at its Registered office and on Karvy's website.

Mr. Vaidya thanked the Members and concluded the meeting.

For Strides Pharma Science Limited

Manjula Ramamurthy Company Secretary

Strides Pharma Science Limited

(Formerly Strides Shasun Limited) CIN: L24230MH1990PLC057062 Corp Off: Strides House, Bilekahalli, Bannerghatta Road, Bangalore - 560 076, India Tel: +91 80 6784 0000 Fax: +91 80 6784 0700 Regd Off: 201, Devavrata, Sector 17, Vashi, Navi Mumbai – 400 703, India Tel: +91 22 2789 2924 / 3199 Fax: +91 22 2789 2942 info@strides.com; www.strides.com