Date: July 18, 2026

KMP / Board / Auditor Changes

Company Secretary & Compliance Officer Change:

  • Manasa R served as Company Secretary and Compliance Officer until November 28, 2025
  • Tanya Sanish was appointed as Company Secretary and Compliance Officer effective February 23, 2026
  • Tanya Sanish holds ACS No. 25784

Managing Director Change:

  • Sanjeev Kumar Panchal was Managing Director and KMP until June 30, 2025
  • Praveen Rao Akkinepally was appointed as Managing Director and KMP effective July 1, 2025

Board Composition:

  • Bhavana Agrawal continues as Director and KMP
  • Total board strength: 6 directors with 5 women (83.33% representation)

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results (Standalone & Consolidated)

Key Financial Metrics:

  • Turnover: ₹22,755.8 million for FY 2025-26
  • Net worth: ₹8,727.9 million
  • Paid-up capital: ₹50,000,000 (INR 50 million)
  • Export sales: ₹1,175.6 million (5.2% of total turnover)

Business Activities:

  • Pharmaceuticals marketing and trading accounted for 90% of turnover
  • Drugs and pharmaceutical products (NIC Code 477) contributed 100% of total turnover

Disinvestment / Strategic Actions

Manufacturing Operations:

  • Manufacturing activities ceased during the year under review
  • All permanent workers left during the year due to factory closure
  • Manufacturing site was decommissioned during the reporting period

Other Operational / Legal / Strategic Disclosures

Employee Data (as of March 31, 2026):

  • Total permanent employees: 760 (558 male, 202 female)
  • Gender distribution: 73% male, 27% female
  • Differently abled employees: 1 male employee
  • Employee turnover rate: 16.72% (17.35% male, 14.85% female)

Workforce Changes:

  • Zero permanent workers at year-end (all left due to factory closure)
  • Previous year (FY 2024-25): 55 permanent workers (50 male, 5 female)

Compensation Data:

  • Gross wages paid to females: 25.54% of total wages (up from 19.88% in FY 2024-25)
  • Median remuneration:
  • Directors: ₹2,41,91,209
  • KMP: ₹2,41,91,209
  • Employees: ₹21,63,268 (male), ₹20,98,446 (female)

ESG Performance Metrics:

Energy Consumption:

  • Total energy consumed: 10,477.20 GJ
  • Renewable energy: 6,877.54 GJ (65.7% of total)
  • Non-renewable energy: 3,599.60 GJ
  • Energy intensity: 0.46 GJ/₹ million turnover

Water Management:

  • Total water withdrawal: 8,203.32 kiloliters
  • Groundwater: 7,620.03 kiloliters
  • Third-party water: 583.29 kiloliters
  • Water consumption: 7,691.06 kiloliters
  • Water intensity: 0.34 KL/₹ million turnover

GHG Emissions:

  • Scope 1 emissions: 88.31 tCO2e
  • Scope 2 emissions: 452.70 tCO2e
  • Total Scope 1+2 emissions: 541.01 tCO2e
  • Emission intensity: 0.024 tCO2e/₹ million turnover

Waste Management:

  • Total waste generated: 10.89 metric tonnes
  • Hazardous waste: 2.77 metric tonnes
  • Non-hazardous waste: 7.68 metric tonnes
  • Plastic waste: 0.02 metric tonnes
  • E-waste: 0.04 metric tonnes
  • Waste intensity: 0.0005 metric tonnes/₹ million turnover

Compliance & Grievances:

  • CSR applicable under Section 135 of Companies Act, 2013
  • Shareholder complaints: 1 filed, 1 pending resolution
  • Employee complaints: 13 filed, 0 pending resolution
  • Customer complaints: 37 filed, 3 pending resolution (mainly product quality)
  • POSH complaints: 0 in FY 2025-26 (1 in FY 2024-25)
  • No fines/penalties paid in proceedings with regulators

Supply Chain:

  • Purchases from top 10 trading houses: 100% of total trading house purchases
  • Sales to dealers/distributors: 95.1% of total sales
  • Number of dealers/distributors: 1,182
  • Related party transactions:
  • Purchases with related parties: 82.8% of total purchases
  • Sales to related parties: 5.1% of total sales