Key Appointments Approved:

1. Appointment of Internal Auditor

The Board considered and approved the appointment of M/s. Dharti Shah & Co. (Firm Registration Number: 144870W) as the Internal Auditor of the Company for the Financial Year 2026-2027. This appointment was made pursuant to the applicable provisions of the Companies Act, 2013, and was based on the recommendation of the Audit Committee and Nomination & Remuneration Committee.

  • Effective Date: The term of appointment is from 17th June 2026 to 31st March 2027.
  • Auditor Profile: The firm is a proprietorship. The proprietor, Dharti Shah, is a Qualified Chartered Accountant holding a certificate of practice since 7th April 2017 and a Bachelor of Business Administration (B.B.A.) degree. The firm's expertise includes strategic audit planning, compliance, and internal controls.
  • Consent and Eligibility: M/s. Dharti Shah & Co. provided a consent letter confirming their eligibility for appointment, stating they hold a valid Certificate of Practice (COP/Mem. No. 178224) and are not disqualified under Section 141 of the Companies Act, 2013. The firm declared an arm's length relationship with the Company.
  • Firm Address: OFFICE NO.3, ARRANJAN BUSINESS HUB, ANAND MANGAL 2, BEHIND FEMINA TOWN, C.G. ROAD, NAVRANGPURA, AHMEDABAD - 380009.

2. Appointment of Additional Director

The Board considered and approved the appointment of Mr. Hemant Amrish Parikh (DIN: 00027820) as an Additional Non-Executive Non-Independent Director of the Company with effect from 18th June 2026.

  • Term: The appointment is for a period of 5 years, effective from 18th June 2026 until the upcoming General Meeting, subject to approval by the shareholders.
  • Director Profile: Mr. Parikh is a Chemical Engineer with over 30 years of experience in the pharmaceutical industry. He provides strategic guidance and business leadership.
  • Other Directorships: Mr. Parikh holds directorships in several other companies, including as Managing Director of Vivanta Industries Limited and Director of Viva Energy Fertilizers Private Limited, Vipronova Lifescience Private Limited, Vitaaglobal Bioscience Private Limited, Vital I.P. Private Limited, and Vitale Beverages Private Limited.
  • Consent and Declaration: Mr. Parikh provided his consent (DIR-2) and a declaration (DIR-8) confirming he is not disqualified from being appointed as a director under the Companies Act, 2013.
  • Personal Details: His permanent account number (PAN) is ABEPP8463F. His address is B-1, 1ST FLOOR-399, OPP.GURUDWARA, BODAKDEV, AHMEDABAD- GUJARAT, 380054.

The Board authorized certain directors to sign and file the necessary forms (e.g., DIR-12) with the Registrar of Companies to give effect to these resolutions.