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

Morepen Laboratories Limited

Meeting Details

The 41st Annual General Meeting was held on Saturday, 26th September 2026 at 1:00 p.m. (IST) through Video Conferencing/ Other Audio-Visual Means (VC/OAVM). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI, and in accordance with the Companies Act, 2013 and Secretarial Standards.

Resolutions and Implications

Seven resolutions were transacted at the meeting:

Ordinary Business:

  • Item 1: Consideration and adoption of audited financial statements, including consolidated financial statements, for the financial year ended 31st March 2026, together with reports of Directors' and Auditors'
  • Item 3: Appointment of Mr. Sanjay Suri (DIN: 00041590) as Director who retires by rotation
  • Item 4: Ratification of remuneration of M/s. Vijender Sharma & Co., Cost Accountants, as Cost Auditors for FY 2026-27

Special Business:

  • Item 5: Elevation and change in designation of Mr. Sanjay Suri (DIN: 00041590) from Whole-Time Director to Managing Director
  • Item 6: Re-appointment of Mr. Sushil Suri (DIN: 00012028) as Chairman & Managing Director
  • Item 7: Extension of approved timeline for hiving off Medical Devices Business into Morepen Medipath Limited (formerly Morepen Medtech Limited) on slump sale basis

Voting Process

The company provided facility for voting by electronic means through both remote e-voting and e-voting at the meeting.

  • Remote e-voting was available to all members holding shares as on the cut-off date of Saturday, 19th September 2026
  • Remote e-voting period: From 9 a.m. (IST) on Wednesday, 23rd September 2026 till 5 p.m. (IST) on Friday, 25th September 2026
  • E-voting at meeting: Available for members who participated and had not cast votes through remote e-voting, kept open for 15 minutes after meeting conclusion

Scrutinizer Appointment

Mr. Praveen Dua, Proprietor of M/s. P D and Associates, Practicing Company Secretaries, was appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting at the AGM in a fair & transparent manner.

Meeting Attendance and Proceedings

  • Mr. Sushil Suri, Chairman and Managing Director, chaired the proceedings except items 3, 5, 6 and 7 which were taken up by Mr. Praveen Kumar Dutt, Independent Director
  • Board of Directors, committee chairmen, CFO, and representatives of Statutory Auditors, Secretarial Auditors and Cost Auditors attended through VC/OAVM
  • Quorum: 92 members present through VC/OAVM
  • The notice dated 4th August 2026 along with Directors' Report and Auditors' Report were taken as read
  • It was confirmed that there were no qualifications in the reports of Statutory Auditors and Secretarial Auditors
  • Members registered as speakers were invited to ask queries, which were addressed by the Chairman
  • Meeting concluded at 2:15 p.m. (IST), including time allowed for e-voting

Compliance Statement

The meeting was conducted in compliance with applicable circulars issued by the Ministry of Corporate Affairs and SEBI, and in accordance with the provisions of the Companies Act, 2013 and rules made thereunder, and Secretarial Standards issued by the Institute of Company Secretaries of India.

Additional Notes

The document specifies that:

  • Voting results will be separately intimated to Stock Exchanges and published on the company website
  • This document does not constitute the minutes of the proceedings