Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Purpose and Nature of the Disclosure

This disclosure, made to the National Stock Exchange of India Limited and BSE Limited, presents the Scrutinizer's Report and the detailed Voting Results for the 32nd Annual General Meeting (AGM) of Dr. Lal PathLabs Limited. It is a compliance filing pursuant to Regulation 44(3) of the SEBI (LODR) Regulations, 2015 and Section 108 of the Companies Act, 2013.

Meeting Details

  • Date of Meeting: Saturday, July 25, 2026
  • Time of Meeting: 10:00 AM (IST)
  • Location/Type of Meeting: The meeting was held through Video Conference/ Other Audio Visual Means (VC/OAVM).
  • Record Date: The cut-off date for determining members entitled to vote was July 18, 2026.

Summary of Resolutions and Voting Process

Ten resolutions were proposed for shareholder approval, comprising both Ordinary and Special Business.

The voting process was conducted via two methods:

1. Remote e-Voting: The remote e-voting period commenced on Tuesday, July 21, 2026 (09:00 AM IST) and ended on Friday, July 24, 2026 (05:00 PM IST). This was facilitated by Central Depository Services (India) Limited (CDSL).

2. e-Voting at the AGM: e-Votes cast during the AGM itself were unblocked at 11:28 AM on July 25, 2026, in the presence of two independent witnesses.

CS Nilesh Bhardwaj, Partner of K. K. Singh & Associates, Company Secretaries, was appointed as the Scrutinizer to scrutinize the entire voting process and prepare a consolidated report.

Key Voting Outcomes

All ten resolutions were passed with the requisite majority. The detailed results are as follows:

Ordinary Business
  • Resolution 1: To receive, consider, and adopt the audited standalone and consolidated financial statements for FY ended March 31, 2026.
  • Total Votes Cast: 148,402,990
  • In Favor: 148,207,244 (99.87%)
  • Against: 195,746 (0.13%)
  • Resolution 2: To declare a final dividend of ₹4 per fully paid-up equity share (FV ₹10) for FY 2025-26.
  • Total Votes Cast: 148,592,985
  • In Favor: 148,592,771 (100.00%)
  • Against: 214 (0.00%)
  • Resolution 3: To re-appoint Mr. Rahul Sharma (DIN: 00956625) as a Director retiring by rotation.
  • Total Votes Cast: 148,587,911
  • In Favor: 147,568,936 (99.31%)
  • Against: 1,018,975 (0.69%)
  • Resolution 10: Ratification of remuneration payable to Cost Auditors for FY 2026-27.
  • Total Votes Cast: 148,587,926
  • In Favor: 148,587,714 (100.00%)
  • Against: 212 (0.00%)
Special Business
  • Resolution 4: Revision in remuneration structure of (Hony) Brig Dr Arvind Lal (DIN:00576638), Executive Chairman and Whole-Time Director.
  • Total Votes Cast: 148,587,891
  • In Favor: 148,587,468 (100.00%)
  • Against: 423 (0.00%)
  • Resolution 5: Revision in remuneration structure of Dr. Vandana Lal (DIN:00472955), Whole-Time Director.
  • Total Votes Cast: 148,587,891
  • In Favor: 148,587,437 (100.00%)
  • Against: 454 (0.00%)
  • Resolution 6: Re-appointment of (Hony) Brig Dr Arvind Lal as Executive Chairman and Whole-Time Director for 5 years from April 1, 2027.
  • Total Votes Cast: 147,107,174
  • In Favor: 146,814,594 (99.80%)
  • Against: 292,580 (0.20%)
  • Resolution 7: Re-appointment of Mr. Rajit Mehta (DIN: 01604819) as a Non-Executive Independent Director for a second term of 5 years from July 27, 2026.
  • Total Votes Cast: 147,107,124
  • In Favor: 146,606,180 (99.66%)
  • Against: 500,944 (0.34%)
  • Resolution 8: Payment of remuneration to Mr. Rahul Sharma in the event of exercise of ESOPs in excess of 50% of total remuneration payable to Non-Executive Directors.
  • Total Votes Cast: 148,587,891
  • In Favor: 147,985,153 (99.59%)
  • Against: 602,738 (0.41%)
  • Resolution 9: Payment of Commission to Non-Executive Directors including Independent Directors.
  • Total Votes Cast: 148,587,891
  • In Favor: 148,573,714 (99.99%)
  • Against: 14,177 (0.01%)

Participation Breakdown by Shareholder Category

  • Total Shareholders on Record Date: 112,199
  • Promoters & Promoter Group Present in Meeting via VC: 3
  • Public Shareholders Present in Meeting via VC: 62

Scrutinizer's Role and Findings

CS Nilesh Bhardwaj was responsible for scrutinizing the remote e-voting and e-voting at the AGM. The Scrutinizer's report confirms that:

  • The electronic data and records relating to the e-voting have been kept in their safe custody.
  • A register was maintained electronically containing details of assent and dissent votes by members.
  • The vote counting was done based on the principle of one share, one vote.
  • The results are based on the reports generated from the e-voting system provided by CDSL.

The report concludes that all resolutions were passed by the requisite majority of votes.

Compliance Confirmation

The document confirms that the meeting was conducted in compliance with the provisions of the Companies Act, 2013, relevant rules, SEBI (LODR) Regulations, 2015, and circulars issued by the Ministry of Corporate Affairs (including those dated September 22, 2025, and May 5, 2020).