Meeting Details

The 21st Annual General Meeting (AGM) of Laurus Labs Limited was held on Thursday, July 2, 2026, at 3:00 p.m. IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting concluded at 3:57 p.m. IST, with an additional 30 minutes allowed for e-voting.

Attendance

  • 108 persons representing 14,16,89,612 shares attended the meeting via VC/OAVM
  • Total shareholders on record date (June 25, 2026): 298,624
  • 6 promoter group members and 102 public shareholders attended virtually

Directors Present

1. Dr. Ravindranath Kancherla - Non-Executive Chairman and Independent Director

2. Dr. Satyanarayana Chava - Executive Director and CEO

3. Mr. V V Ravi Kumar - Executive Director and CFO

4. Mr. Krishna Chaitanya Chava - Executive Director

5. Mrs. Soumya Chava - Executive Director

6. Mrs. Aruna Rajendra Bhinge - Independent Director

7. Dr. Rajesh Koshy Chandy - Independent Director

8. Mr. Karnam Sekar - Independent Director

Other Attendees

  • Mr. G. Venkateswar Reddy - Company Secretary & Compliance Officer
  • Mr. Manish Muralidhar - Partner, Deloitte Haskins & Sells LLP (Statutory Auditors)
  • Mr. Y. Ravi Prasada Reddy - Scrutinizer, Proprietor of RPR & Associates

Voting Process

  • Remote e-voting facility provided by NSDL from June 29, 2026 (9:00 a.m. IST) to July 1, 2026 (5:00 p.m. IST)
  • Cut-off date for voting rights: June 25, 2026
  • 1,173 members participated via remote e-voting
  • 16 members participated in e-voting during the AGM
  • Total members participated: 1,189

Resolutions Passed

All nine resolutions were passed with requisite majority:

Resolution 1: Adoption of Financial Statements (Ordinary Resolution)

  • (a) Audited Standalone Financial Statements for FY ended March 31, 2026, with reports of Board of Directors and Auditors
  • (b) Audited Consolidated Financial Statements for FY ended March 31, 2026, with Auditors' report
  • Votes in favor: 40,39,65,599 shares (99.7513%)
  • Votes against: 10,07,218 shares (0.2487%)

Resolution 2: Ratification of 1st Interim Dividend (Ordinary Resolution)

  • Dividend: ₹0.80 per equity share for FY 2025-26
  • Votes in favor: 40,55,06,084 shares (99.9999%)
  • Votes against: 271 shares (0.0001%)

Resolution 3: Ratification of 2nd Interim Dividend (Ordinary Resolution)

  • Dividend: ₹1.20 per equity share for FY 2025-26
  • Votes in favor: 40,55,06,084 shares (99.9999%)
  • Votes against: 271 shares (0.0001%)

Resolution 4: Re-appointment of Mr. Krishna Chaitanya Chava (Ordinary Resolution)

  • DIN: 06831883
  • Director retiring by rotation
  • Votes in favor: 40,26,09,019 shares (99.2855%)
  • Votes against: 28,97,326 shares (0.7145%)

Resolution 5: Re-appointment of Mrs. Soumya Chava (Ordinary Resolution)

  • DIN: 06831892
  • Director retiring by rotation
  • Votes in favor: 40,26,23,064 shares (99.289%)
  • Votes against: 28,83,281 shares (0.711%)

Resolution 6: Appointment of Dr. Shekhar Chintamani Mande as Independent Director (Special Resolution)

  • DIN: 10083454
  • Votes in favor: 40,55,06,057 shares (99.9999%)
  • Votes against: 288 shares (0.0001%)

Resolution 7: Appointment of Ms. Sutapa Banerjee as Independent Director (Special Resolution)

  • DIN: 02844650
  • Votes in favor: 37,12,55,095 shares (91.6519%)
  • Votes against: 3,38,15,550 shares (8.3481%)

Resolution 8: Approval of Remuneration to Non-Executive Directors (Ordinary Resolution)

  • Includes Independent Directors
  • Votes in favor: 36,03,17,172 shares (88.8575%)
  • Votes against: 4,51,82,673 shares (11.1425%)

Resolution 9: Approval of Remuneration to Cost Auditors for FY 2026-27 (Ordinary Resolution)

  • Votes in favor: 40,55,06,085 shares (99.9999%)
  • Votes against: 596 shares (0.0001%)

Additional Information

  • No invalid or abstained votes for any resolution
  • Integrated Annual Report for FY 2025-26 was sent to members electronically
  • Statutory registers and documents were available for electronic inspection
  • The scrutinizer's report will be available on NSDL's website (www.evoting.nsdl.com)
  • All documents are also available on company website (www.lauruslabs.com)