Nature of change: Appointment of Additional Director designated as Non-Executive Independent Director
Name and DIN: Mr. Sujit Jaysukh Bhayani (DIN: 01767427)
Effective date and tenure: Appointment effective from 18th June 2026 for a period of 5 consecutive years, subject to approval of shareholders at the ensuing Annual General Meeting. Not liable to retire by rotation.
Profile and qualifications: Mr. Bhayani is the Founder and Managing Director of the Sudeep Group. He holds a Bachelor's degree in Chemistry from the University of Tulsa and has more than 35 years of experience in the pharmaceuticals industry. He has previously served as a Director of Dinesh Remedies Limited.
Eligibility confirmation: The company confirms that Mr. Sujit Jaysukh Bhayani is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.
Relationship disclosure: Mr. Sujit Jaysukh Bhayani is not related to any of the Directors or Key Managerial Personnel of the Company.
Approval process: Appointment was based on the recommendation of Nomination and Remuneration Committee and approved by the Board of Directors via circular resolution passed on 18th June, 2026.
Any Other Material Information
Regulatory compliance: The disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026
Company representation: The intimation was signed by Manisha Saraf, Company Secretary
