Laurus Labs Limited has scheduled its 21st Annual General Meeting (AGM) for Thursday, July 2, 2026, at 3:00 p.m. IST through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The meeting will be held to transact business including the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, and the ratification of interim dividends. Shareholders will vote on the re-appointment of directors Krishna Chaitanya Chava and Soumya Chava, and the appointment of new independent directors Dr. Shekhar Chintamani Mande and Mrs. Sutapa Banerjee for a term of five years. The Board has also recommended increasing the remuneration for independent directors to ₹40 lakh per annum effective from April 1, 2026, and raising sitting fees to ₹1 lakh per meeting.

The company disclosed that the remote e-voting period commences on June 29, 2026, at 9:00 a.m. IST and concludes on July 1, 2026, at 5:00 p.m. IST. The cut-off date for determining shareholder eligibility to participate in the AGM and e-voting is June 25, 2026. The facility for e-voting and virtual participation is managed by National Securities Depository Limited (NSDL). Shareholders can access the meeting via the NSDL e-voting system or view the live webcast available from 2:30 p.m. IST on the day of the meeting.

Business to be Transacted

The agenda includes the approval of the first and second interim dividends of Re. 0.80 and Re. 1.20 per share, respectively, declared for the financial year 2025-26. Special resolutions seek approval for the appointment of Dr. Shekhar Chintamani Mande and Mrs. Sutapa Banerjee as Independent Directors. Additionally, an ordinary resolution proposes ratifying the remuneration of ₹5,50,000 plus applicable taxes payable to M/s. Sagar & Associates, Cost Auditors, for the financial year ending March 31, 2027.

Key Meeting Details

Laurus Labs emphasized that physical copies of the Annual Report have not been dispatched; documents are available electronically. The company advised shareholders to update their PAN, KYC, and bank details with their depository participants to ensure seamless dividend payments. KFin Technologies Limited, the Registrar and Share Transfer Agent, has launched a self-service portal 'KPRISM' for shareholders to manage their portfolios and requests.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE947Q01028/19efd54f4fed4163.pdf

Laurus Labs Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 (FY26) on June 8, 2026. The report, prepared on a standalone basis, outlines the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC) and details its performance across environmental, social, and governance parameters. M/s Deloitte Haskins & Sells LLP provided limited assurance on the BRSR Core indicators.

Operational Overview

The company reported a paid-up capital of ₹107,97,13,164. Operations are spread across 10 locations nationally, comprising 8 plants and 2 offices, with no international operational locations. Laurus Labs serves markets in 20 states nationally and 61 countries internationally. Exports contributed significantly to the business, accounting for 62.14% of the total turnover during the year.

Workforce and Governance

As of the end of FY26, the company had 7,059 permanent employees and 6,773 workers. The workforce included 627 female employees and 79 female workers. Women held 20% of the seats on the Board of Directors. The turnover rate for permanent employees improved to 10% in FY26 from 17% in the previous year. The company reported zero instances of sexual harassment, discrimination, or child labour, and no fines or penalties were imposed by regulators during the year.

Environmental Performance

Laurus Labs reported a total energy consumption of 49,80,653 GJ in FY26, with 1,17,375 GJ sourced from renewable energy. The total Scope 1 and Scope 2 greenhouse gas emissions stood at 5,67,596 metric tonnes of CO2 equivalent. Water withdrawal totaled 16,63,049 kilolitres, entirely from third-party sources, while water consumption was 10,46,969 kilolitres. The company generated 60,292 metric tonnes of waste, of which 43,056 metric tonnes were recovered through recycling or other recovery operations.

Key Environmental Metrics

Safety and Social Impact

The company maintained a strong safety record, reporting zero fatalities, zero lost time injuries, and zero recordable work-related injuries for both employees and workers. All units are certified with ISO 45001:2018 for occupational health and safety management. Laurus Labs spent significantly on employee well-being, covering 100% of permanent employees under health and accident insurance. The company also assessed 65% of its key value chain partners for sustainability and environmental impact during the year.