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

Suven Life Sciences Limited

Meeting Details

The 37th Annual General Meeting was held on Tuesday, August 25, 2026 at 11:30 a.m. through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting commenced at 11:30 a.m. and concluded with e-Voting at 12:23 p.m. The meeting was attended by 152 members through VC/OAVM.

Directors and Officials Present

Directors Present:

  • Shri Venkateswarlu Jasti (Chairman & MD)
  • Smt. Sudharani Jasti (Whole-time Director)
  • Shri Santanu Mukherjee (Independent Director, Chairman of Audit Committee & Nomination & Remuneration Committee)
  • Dr. Vajja Sambasiva Rao (Independent Director, Chairman of Stakeholders Relationship Committee)
  • Smt. J.A.S. Padmaja (Independent Director)
  • Prof. Syed Hasnain (Non-Executive Director)

In Attendance:

  • Ms. Sangeetha Laxmi (Company Secretary)
  • Mr. M. Mohan Kumar (Chief Financial Officer)
  • Mr. Ajay Kumar Kosaraju (M/s. KARVY & Co., Statutory Auditors)
  • Mr. D.V.M. Gopal (M/s. DVM & Associates LLP, Secretarial Auditors)
  • Smt. D. Renuka (Scrutinizer, Practicing Company Secretary)

Resolutions Proposed and Implications

Five resolutions were considered at the meeting:

Ordinary Business:

1. Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors

2. Re-appointment of Prof. Seyed E Hasnain (DIN: 02205199) who retires by rotation

Special Business:

3. Approval of Related Party Transaction relating to appointment of Dr. Madhavi Jasti, MD, to an office or place of profit in overseas wholly owned subsidiaries

4. Re-appointment of Dr. Vajja Sambasiva Rao (DIN: 09233939) as Independent Director

5. Approval of variation in utilization of funds raised through Preferential Issue

Voting Process and Methods

The company provided remote e-voting facility through KFin Technologies Limited from Friday, August 21, 2026 at 9:00 a.m. to Monday, August 24, 2026 at 5:00 p.m. Members present at the AGM who had not voted through remote e-voting were provided opportunity to vote through Insta Poll (e-voting) at the meeting.

Key Voting Outcomes

Total Votes Cast: 28,25,62,686 shares

Total Votes Polled: 21,66,02,547 shares (76.6565% of total share capital)

Resolution-wise Results:

Item 1 - Adoption of Financial Statements:

  • Votes in Favor: 21,65,99,137 (99.9984%)
  • Votes Against: 3,410 (0.0016%)
  • Invalid/Abstain: 455 votes from 3 members

Item 2 - Re-appointment of Prof. Seyed E Hasnain:

  • Votes in Favor: 21,65,60,143 (99.9805%)
  • Votes Against: 42,254 (0.0195%)
  • Invalid/Abstain: 605 votes from 4 members

Item 3 - Related Party Transaction (Dr. Madhavi Jasti):

  • Votes in Favor: 3,15,46,934 (99.8262%)
  • Votes Against: 54,913 (0.1738%)
  • Invalid/Abstain: 18,50,01,155 votes from 10 members

Item 4 - Re-appointment of Dr. Vajja Sambasiva Rao:

  • Votes in Favor: 21,65,99,137 (99.9984%)
  • Votes Against: 3,410 (0.0016%)
  • Invalid/Abstain: 455 votes from 3 members

Item 5 - Variation in Preferential Issue Funds Utilization:

  • Votes in Favor: 21,65,61,412 (99.9811%)
  • Votes Against: 40,985 (0.0189%)
  • Invalid/Abstain: 605 votes from 4 members

Shareholder Category Participation

Promoter & Promoter Group:

  • Total Shares: 18,50,00,000
  • Votes Polled: 18,50,00,000 (100%)
  • All votes in favor for all resolutions

Public - Institutions:

  • Total Shares: 8,02,05,999
  • Votes Polled: 7,10,15,510 (88.5409%)
  • Over 99% votes in favor for all resolutions

Public - Non-Institutions:

  • Total Shares: 8,95,42,087
  • Votes Polled: 2,45,00,337-2,45,01,037 (27.36%)
  • Over 99% votes in favor for most resolutions

Scrutinizer's Role and Findings

Smt. D. Renuka, Practicing Company Secretary (CP No. 3460), was appointed as Scrutinizer to report on voting results in a fair and transparent manner. The scrutinizer verified:

  • Remote e-voting period: August 21, 2026 (9:00 a.m.) to August 24, 2026 (5:00 p.m.)
  • E-voting at AGM: Conducted and unblocked at 12:23 p.m. on August 25, 2026
  • Cut-off date for voting eligibility: August 18, 2026
  • All resolutions passed with requisite majority

Compliance Confirmation

The meeting was conducted in compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and Companies (Management and Administration) Rules, 2014
  • MCA Circulars No. 14/2020, 17/2020, 20/2020, and 03/2025
  • Notice published in Business Standard (English) and Nava Telangana (Telugu) on July 31, 2026