Unichem Laboratories Ltd. — AGM Information 2020

Aug 29, 2020

August 29, 2020

Department of Corporate Services Mr. Hari K.

Bombay Stock Exchange Asst. Vice President - Operations Phiroze Jeejeebhoy Towers National Stock Exchange of India Ltd Dalal Street Exchange Plaza, BandraKurla Complex Mumbai – 400 001 Bandra (East), Mumbai – 400 051

Dear Sir,

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

Sub.: Proceeding of the 57th Annual General Meeting

We wish to inform you that the 57th Annual General Meeting (AGM) of the Company was held on Saturday, August 29, 2020 at 11:30 a.m. through video conference in accordance with the circular issued by the MCA and SEBI to transact the business as stated in the Notice dated June 19, 2020. 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

Pradeep Bhandari Head – Legal & Company Secretary PRADEEP BHANDARI Digitally signed by PRADEEP BHANDARI Date: 2020.08.29 18:00:46 +05'30'

RegisteredOffice: Unichem Bhavan, Prabhat Estate, Off S.V.Road Jogeshwari (West), Mumbai – 400 102, Maharashtra, India.

PROCEEDINGS OF 57th ANNUAL GENERAL MEETING

The 57th Annual General Meeting of the Members of the Company was held on Saturday, August 29, 2020 at 11:30 a.m. through video conference in accordance with the circulars issued by the MCA and SEBI.

Dr. Prakash A. Mody, Chairman & Managing Director took the Chair. The Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholders' Relationship Committee were present at the Meeting. All the other Directors were present at the Meeting.

The representative of the Statutory Auditors namely N.A. Shah Associates LLP, Secretarial Auditors, Alwyn Jay & Co. and the Scrutinizer, Ragini Chokshi & Associates were present at the Meeting.

The Statutory Registers were available for inspection of Members at the venue. As the AGM was held through video conference, the facility for appointment of proxies by the Members was not applicable and hence the proxy register for inspection was not available.

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

The Company Secretary, thereafter provided general instructions to the Members regarding participation in the Meeting through video conference and the details of the e-voting facility provided to the Members before and during the Meeting to cast their votes electronically through the CDSL platform. The Company Secretary with the consent of Members, the Notice convening the 57th Annual General Meeting (AGM), Directors' Report and Financial Statements (Standalone & Consolidated) for the financial year ended March 31, 2020, were taken as read.

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.

The Company Secretary informed that the Statutory Auditors' Report did not have any qualifications except the Matter of Emphasis in the Standalone and Consolidated Auditors Report and accordingly the same was taken as read.

Thereafter, the following resolutions, set out in the Notice convening the AGM were taken up for consideration.

PRADEEP BHANDARI Digitally signed by PRADEEP BHANDARI Date: 2020.08.29 18:01:47 +05'30'

RegisteredOffice: Unichem Bhavan, Prabhat Estate, Off S.V.Road Jogeshwari (West), Mumbai – 400 102, Maharashtra, India.

Sr. No.	Resolutions
	Ordinary Business
1	Consider and adopt the audited standalone financial statements and Reportsthereon for the year ended March 31, 2020.
2	Consider and adoptaudited consolidated financial statements for the yearended March 31, 2020.
3	Declaration of dividend for the year ended March 31, 2020.
4	Re-appointment of Mr. Dilip Kunkolienkar (DIN 02666678), Director, whoretires by rotation.
	Special Business
5	Ratification of remuneration payable to the Cost Auditors, Kishore Bhatia &Associates.
6	Approval of payment of remuneration to Dr. Prakash A. Mody, CMD, in termsof the Regulation 17 (6) (e) of SEBI LODR.

On the invitation of the Chairman, various Members put forth their queries and suggestions. The same were answered satisfactorily.

The Chairman then informed the Members that the voting on the CDSL platform would continue to be available for the next 15 minutes. Therefore, Members who had not cast their vote yet were requested to do so. He also informed that the Board had appointed Mrs. Ragini Chokshi, Practicing Company Secretary, as the scrutinizer to supervise the e-voting process. He then authorized Mr. Pradeep Bhandari, Company Secretary, to declare the results of the voting and disclose the same to the stock exchanges and place the results on the website of the Company within the stipulated time. He thanked all for attending the Meeting and thereafter declared the Meeting to be concluded.

The Meeting ended at 12:31 p.m.

For UNICHEM LABORATORIES LIMITED

PRADEEP BHANDARI

Digitally signed by PRADEEP BHANDARI Date: 2020.08.29 18:02:47 +05'30'

Pradeep Bhandari Head – Legal & Company Secretary

RegisteredOffice: Unichem Bhavan, Prabhat Estate, Off S.V.Road Jogeshwari (West), Mumbai – 400 102, Maharashtra, India.