The tenure of Mrs. Aruna Bhinge as an Independent Director of laurus labs concluded on July 6, 2026, following the completion of her second term with the pharmaceutical company. The departure took effect at the close of business hours on the specified date, as confirmed in a regulatory filing addressed to the stock exchanges.

Laurus Labs had initially informed the exchanges about the impending conclusion of her tenure through an intimation dated April 30, 2026. The company confirmed that all necessary details required under SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 were submitted in the prior communication.

The filing was submitted by G. Venkateswar Reddy, the Company Secretary & Compliance Officer of Laurus Labs Limited. The document was digitally signed on July 6, 2026, at 19:44:22 IST.

Key Details

Laurus Labs Limited appointed Dr. Shekhar Chintamani Mande and Ms. Sutapa Banerjee as Independent Directors for a term of five years effective July 2, 2026. The 21st Annual General Meeting (AGM), held via video conferencing, also ratified the adoption of audited financial statements for the financial year ended March 31, 2026, and approved two interim dividends totaling ₹2 per share for FY26.

The meeting ratified the first interim dividend of ₹0.80 per share and the second interim dividend of ₹1.20 per share, both paid for the financial year 2025-26. Shareholders approved the payment of remuneration to Non-Executive Directors, including Independent Directors, and the remuneration payable to Cost Auditors for the financial year ending 2026-27. Mr. Krishna Chaitanya Chava and Mrs. Soumya Chava were re-appointed as Directors, having retired by rotation.

Dr. Shekhar Chintamani Mande (DIN: 10083454) and Ms. Sutapa Banerjee (DIN: 02844650) are not related to any of the Directors or Key Managerial Personnel of the company. Based on their declarations, they are not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. The appointment of Ms. Banerjee received 91.65% votes in favour.

The remote e-voting facility, provided by National Securities Depository Limited (NSDL), was open from June 29, 2026, to July 1, 2026. A total of 1,189 members participated in the e-voting process. The meeting commenced at 3:00 p.m. IST and concluded at 3:57 p.m. IST. Mr. Y. Ravi Prasada Reddy, Proprietor of M/s RPR & Associates, served as the Scrutinizer for the voting process.