Unichem Laboratories Ltd. — AGM Information 2019

Jul 28, 2019

July 27, 2019

Department of Corporate Services Bombay Stock Exchange, PhirozeJeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Mr. Hari K. Asst. Vice President - Operations National Stock Exchange of India Ltd. Exchange Plaza, BandraKurla Complex, Bandra (East), Mumbai - 400 051.

Dear Sir,

Ref: BSE Scrip Code - 506690; NSE Symbol -- UNICHEMLAB

Sub.: Proceedings of the 56th Annual General Meeting

We wish to inform you that the 56th Annual General Meeting (AGM) of the Company was held on Saturday, July 27, 2019 at 3:00 p.m. at theRama Watumull Auditorium, KishinchandChellaram College, (K.C. College) DinshawWachha Road, Churchgate Mumbai 400 020 to transact the business as stated in the Notice dated May 24, 2019. The proceedings of the Meeting are enclosed herewith.

Disclosures regarding voting results of the said Meeting, as per Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,will be made to the Stock Exchanges within the stipulated time.

Kindly take the same on your records.

For UNICHEM LABORATORIES LIMITED

(1..(. .. -3.,(

NEEMA THAKORE Head - Legal & Company Secretary

Registered Office: Unichem Bhavan, Prabhat Estate, Off S. V. Road, Jogeshwari (West), Mumbai - 400 102, Maharashtra, India. Tel.: +91 (22) 66888333 • Fax.: +91 (22) 26784391 • Website: www.unichemlabs.com • CIN: L99999MH1962PLC012451

PROCEEDINGS OF 56th ANNUAL GENERAL MEETING

The 56th Annual General Meeting of the Members of the Company was held on Saturday, July 27, 2019 at 3:00 p.m. at theRama Watumull Auditorium, KishinchandChellaram College, (K.C. College)DinshawWachha R.oad, Churchgate Mumbai 400 020.

Dr. Prakash A. Mody, Chairman & Managing Director took the Chair. All the other Directors except Mr. AnandMahajanwere present at the Meeting.

The representative of the Statutory Auditors namely N.A\$hah Associates LLP,Secretarial Auditors, Alwyn Jay & Co. and the Scrutinizer,RaginiChokshi& Associates were present at the Meeting.

The Statutory Registers and the Proxy Register were available for inspection of Members at the venue.

As the requisite quorum was present, the Chairman called the Meeting to order.

With the consent of Members, the Notice convening the 56th Annual General Meeting (AGM), Directors' Report and Financial Statements for the financial year ended March 31, 2019,were taken as read. The Chairman informed that the Auditors' Report did not have any qualifications except the Matter of Emphasis in the Standalone and Consolidated Auditors Report which was thereafter read out to the Members.

The Chairman then presented his speech on the current market scenario, its impact on Business and the performance of the Company which was well received by the Shareholders.

On the invitation of Chairman,various members put forth their queries and suggestions, which the Chairman satisfactorily responded to.

Thereafter, the following resolutions, set out in the Notice convening the AGM were proposed and seconded by the Members:

	Resolutions
No
	Ordinary Business
1	Consider and adopt:
	a. Audited standalone financial statements and Reports thereon for the year ended March 31, 2019.
	b. Audited consolidated financial statements for the year ended March 31, 2019.
2	Declaration of dividend for the year ended March 31, 2019.
3	Re-appointment of Mr. Dilip Kunkolienkar (DIN 02666678), Director, who retires by rotation.
	Special Business
4	Ratification of remuneration payable to the Cost Auditors, Kishore Bhatia & Associates.

The Chairman then informed the Members that pursuant to the provisions of the Companies Act, 2013, Rules framed thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), the Company had extended the remote e-voting facility to the Members of the Company in respect of the resolutions to be passed at the Meeting. The remote e-voting commenced at 10:00 a.m. on Tuesday, July 23, 2019 and ended on Friday, July 26, 2019 at 5:00 p.m.

The Chairman announced that voting by poll through TAB, was available for those Members who had not voted through remote e-voting.

He requested RaginiChokshi&Co., Scrutinizer, to conduct the Poll voting. through TAB facility provided by Central Depository Services (India) Limited. Thereafter the Scrutinizer conducted the Poll Voting as per the provisions of the Companies Act, 2013 and the Rules made thereunder.

The Chairmanthereafter concluded the Meeting by informing that the Poll process was completedand a consolidated Scrutinizer's report containing results of remote Evoting and poll voting will be presented to the Company Secretary in the prescribed manner and results would be declared as per the required provisions. The said results would be intimated to the Stock Exchanges and will be available on the Company's and the websites of the BSE and NSE as per the stipulated provisions of the Companies Act, 2013, Rules made thereunder and the Listing Regulations.

The Meeting concluded at 5:30 p.m.

For UNICHEM LABORATORIES LIMITED

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NEEMA THAKORE Head - Legal & Company Secretary