Unichem Laboratories Ltd. — AGM Information 2022

Aug 9, 2022

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August 9, 2022

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 59[th] Annual General Meeting

We wish to inform you that the 59[th] Annual General Meeting (AGM) of the Company was held on Tuesday, August 9, 2022 at 2:00 p.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 May 27, 2022. 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 Digitally signed by PRADEEP BHANDARI BHANDARI Date: 2022.08.09 15:47:44 +05'30' PRADEEP BHANDARI Head – Legal & Company Secretary

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Registered Office: Unichem Bhavan, Prabhat Estate, Off S.V.RoadJogeshwari (West), Mumbai – 400 102, Maharashtra, India.

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PROCEEDINGS OF 59[th] ANNUAL GENERAL MEETING

The 59[th] Annual General Meeting of the Members of the Company was held on Tuesday, August 9, 2022 at 2:00 p.m. only 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 Senior Management team of the Company also had joined 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 59[th] Annual General Meeting (AGM), Directors’ Report and Financial Statements (Standalone & Consolidated) for the financial year ended March 31, 2022, 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 have qualified the Standalone and Consolidated Auditors Report and the same was explained in detail in the Director Report on page 19 of the Annual Report 2022 and accordingly the same was taken as read. He further informed that the secretarial auditors report did not have any qualifications.

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

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Registered Office: Unichem Bhavan, Prabhat Estate, OffS.V.RoadJogeshwari (West), Mumbai – 400 102, Maharashtra, India.

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Sr. No. Resolutions
Ordinary Business
1
Consider and adopt the audited standalone financial statements and Reports
of the directors and auditors thereon for the year ended March 31, 2022.
2
Consider and adopt audited consolidated financial statements and the
auditors report for the year ended March 31, 2022.
3 Declaration of dividend for the year ended March 31, 2022.
4 Re-appointment of Mr. Dilip Kunkolienkar (DIN 02666678), Director, who
retires by rotation.
5 To re-appoint . M/s. N. A. Shah Associates LLP, Chartered Accountants (Firm
Registration 116560W/W100149, as Statutory Auditors of the Company for a
second term of 5 (five) consecutive years from the conclusion of this 59th
Annual General Meeting till the conclusion of the 64th Annual General Meeting.
Special Business
6 Ratification of remuneration payable to the Cost Auditors, Kishore Bhatia &
Associates for the year ended March 31, 2023
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On the invitation of the Chairman, various Members put forth their queries and suggestions. The same were answered during the meeting.

The Company Secretary 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, (CP No.: 1436; Membership No. 2390) as the scrutinizer to supervise the e-voting process and he was authorized by the Chairman to declare the results of the voting. He further informed that the said results will be disclosed to the stock exchanges and shall be placed on the website of the Company within the stipulated time.

Thereafter the Chairman thanked all for attending the Meeting and thereafter declared the Meeting to be concluded.

The Meeting ended at 3.35 p.m.

For UNICHEM LABORATORIES LIMITED

PRADEEP Digitally signed by PRADEEP BHANDARI BHANDARI Date: 2022.08.09 15:48:11 +05'30' PRADEEP BHANDARI Head – Legal & Company Secretary

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Registered Office: Unichem Bhavan, Prabhat Estate, OffS.V.RoadJogeshwari (West), Mumbai – 400 102, Maharashtra, India.