Hikal Limited has announced a senior management change with the superannuation of Mr. Vimaldeep Kulshrestha, President-Crop Protection, effective April 14, 2026. The pharmaceutical and crop protection company disclosed this information to stock exchanges in compliance with regulatory requirements.

Management Transition Details

The company informed both BSE and NSE about Mr. Kulshrestha's superannuation through an official disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Rajasekhar Reddy, Company Secretary & Compliance Officer, on April 14, 2026.

Regulatory Compliance

Hikal Limited's disclosure follows the requirements of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company provided comprehensive details in Annexure-A, outlining the specific circumstances of the management change. Mr. Kulshrestha will cease to be an employee from the end of business hours on the specified date.

Corporate Structure Impact

The superannuation represents a natural transition in Hikal's crop protection division leadership. As President-Crop Protection, Mr. Kulshrestha held a senior position within the company's agricultural solutions segment. The company has fulfilled its disclosure obligations by informing stakeholders about this senior management change through proper regulatory channels.

Hikal Limited operates from its registered office at Maker Chambers-5, Nariman Point, Mumbai, with administrative operations based in CBD Belapur, Navi Mumbai. The company continues its business operations across pharmaceutical and crop protection segments following this management transition.

Hikal Limited has filed its mandatory quarterly certificate with stock exchanges, confirming compliance with securities dematerialisation regulations for the quarter ended March 31, 2026. The submission fulfills requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Filing Details

The company submitted the certificate on April 07, 2026, to both BSE Limited and National Stock Exchange of India Limited. The filing was signed by Rajasekhar Reddy, Company Secretary and Compliance Officer of Hikal Limited.

Registrar Confirmation

MUFG Intime India Private Limited, serving as Hikal's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 01, 2026. The registrar confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines.

Key Confirmations by MUFG Intime

• Securities received for dematerialisation were confirmed to depositories
• All securities comprised in certificates are listed on relevant stock exchanges
• Security certificates received were mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners
• All processes completed within prescribed regulatory timelines

Corporate Information

Hikal Limited maintains its registered office at Maker Chambers-5, Nariman Point, Mumbai, with administrative operations at CBD Belapur, Navi Mumbai. The company's securities trade on BSE under scrip code 524735 and on NSE under symbol HIKAL.

The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, confirming the registrar's compliance with all dematerialisation procedures during the quarter.