Nature of the Event

Regulatory disclosure of voting results from the 37th Annual General Meeting held on 4th August 2026 through Video Conferencing/Other Audio Visual Means, in compliance with SEBI Listing Regulations and Companies Act, 2013.

Meeting Details

  • AGM Date: Tuesday, 4th August 2026 at 11:00 a.m.
  • Record Date: 28th July 2026
  • Total Shareholders on Record Date: 35,491
  • Shareholders Attending via VC: 45 total (5 Promoter Shareholders, 40 Public Shareholders)
  • Remote E-voting Period: 1st August 2026 (09:00 Hours) to 3rd August 2026 (17:00 Hours)

Voting Results Overview

  • Total Outstanding Shares: 112,948,625
  • Total Votes Polled: 103,015,735 (91.2058% of outstanding shares)
  • Scrutinizer: Mr. Hemang Mehta, Practicing Company Secretary
  • Scrutinizer Report Date: 5th August 2026

Resolution Details

Resolution 1: Adoption of Financial Statements
  • Type: Ordinary Resolution
  • Description: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended 31st March 2026 with Board and Auditor reports
  • Result: Approved with 100% votes in favor
  • Promoter Voting: 86,012,797 shares voted (100% of promoter holding), all in favor
  • Public Institutional Voting: 16,179,103 shares voted (83.5434% of institutional holding), all in favor
  • Public Non-Institutional Voting: 823,835 shares voted (10.8833% of non-institutional holding), 823,806 in favor, 29 against
Resolution 2: Re-appointment of Director
  • Type: Ordinary Resolution
  • Description: Re-appointment of Mr. Ajay Shrirang Kandelkar (DIN: 10773491) as director retiring by rotation
  • Result: Approved with 100% votes in favor
  • Voting pattern identical to Resolution 1
Resolution 3: Dividend Declaration
  • Type: Ordinary Resolution
  • Description: To declare dividend on equity shares for FY ended 31st March 2026
  • Result: Approved with 100% votes in favor
  • Voting pattern identical to Resolution 1
Resolution 4: Cost Auditor Remuneration
  • Type: Ordinary Resolution
  • Description: Ratification of remuneration to be paid to Cost Auditors for FY 2026-27
  • Result: Approved with 100% votes in favor
  • Voting pattern identical to Resolution 1
Resolution 5: Secretarial Auditor Appointment
  • Type: Ordinary Resolution
  • Description: Appointment of Mr. Hemang Mehta as Secretarial Auditor for 5 years and fixation of remuneration
  • Result: Approved with 100% votes in favor
  • Public Non-Institutional Voting: 823,835 shares voted, 823,804 in favor, 31 against (99.9962% in favor)
Resolution 6: Director Appointment
  • Type: Ordinary Resolution
  • Description: Appointment of Mr. Milin Mehta as Director (Non-Executive and Non-Independent)
  • Result: Approved with 100% votes in favor
  • Public Non-Institutional Voting: 823,835 shares voted, 823,802 in favor, 33 against (99.9960% in favor)
Resolution 7: ESOP Scheme Ratification
  • Type: Special Resolution
  • Description: To ratify Sudeep Pharma Employee Stock Option Scheme 2025
  • Result: Approved with 96.0124% votes in favor
  • Public Institutional Voting: 16,179,103 shares voted, 12,071,313 in favor (74.6105%), 4,107,790 against (25.3895%)
  • Public Non-Institutional Voting: 823,835 shares voted, 823,771 in favor (99.9922%), 64 against (0.0078%)
Resolution 8: ESOP Grants to Subsidiary Employees
  • Type: Special Resolution
  • Description: Grant of ESOPs to eligible employees of subsidiary companies under Scheme 2025
  • Result: Approved with 96.0124% votes in favor
  • Voting pattern identical to Resolution 7
Resolution 9: ESOP Grants to Group Company Employees
  • Type: Special Resolution
  • Description: Grant of ESOPs to eligible employees of group/associate companies under Scheme 2025
  • Result: Approved with 96.0124% votes in favor
  • Public Non-Institutional Voting: 823,830 shares voted, 823,766 in favor (99.9922%), 64 against (0.0078%)
Resolution 10: Director Remuneration Change
  • Type: Special Resolution
  • Description: Change remuneration of Mr. Ajay Shrirang Kandelkar as Whole Time Director effective 1st April 2026
  • Result: Approved with 99.9999% votes in favor
  • Public Institutional Voting: 16,179,103 shares voted, 16,179,042 in favor (99.9996%), 61 against (0.0004%)
  • Public Non-Institutional Voting: 823,832 shares voted, 823,779 in favor (99.9936%), 53 against (0.0064%)
Resolution 11: Articles of Association Adoption
  • Type: Special Resolution
  • Description: To adopt new set of Articles of Association
  • Result: Approved with 99.1723% votes in favor
  • Public Institutional Voting: 16,179,103 shares voted, 15,326,520 in favor (94.7303%), 852,583 against (5.2697%)
  • Public Non-Institutional Voting: 823,835 shares voted, 823,784 in favor (99.9938%), 51 against (0.0062%)

Scrutinizer Report Details

  • Scrutinizer: Hemang Mehta, Proprietor of H. M. Mehta & Associates
  • Remote E-voting: 96,232,428 valid votes cast
  • E-voting during AGM: 6,783,307 valid votes cast
  • Total Voting: 103,015,735 valid votes cast
  • Voting System Provider: National Securities Depository Limited (NSDL)

Additional Information

  • The voting results are available on company website www.sudeeppharma.com and NSDL website
  • The company has its registered office at 129/1/A, G.I.D.C. Estate Nandesari, Baroda-391340, Gujarat
  • Corporate office at 601, 602, 6th Floor, Sears Towers-2, Gotri-Sevasi Road, Sevasi, Vadodara-390021, Gujarat