Syngene International Limited has announced a postal ballot to seek shareholder approval for the appointment of Ms. Kiran Mazumdar-Shaw as Executive Chairperson. The resolution proposes changing her role from Non-Executive Chairperson to Executive Chairperson, classified as a Key Managerial Personnel, effective April 1, 2026. The proposal also includes the approval of managerial remuneration up to ₹4 crore per annum.

Remuneration Details

The Board of Directors has recommended a monthly salary of ₹33.33 Lakhs, amounting to ₹4.00 Crores annually. This figure includes contributions to the Provident Fund and Gratuity Fund. The total aggregate salary is capped at ₹4.00 Crores per annum, excluding reimbursements for reasonable travelling, entertainment, and other out-of-pocket expenses incurred in the performance of her duties. The tenure for this appointment is proposed for a period of five years.

E-Voting Schedule

The company has engaged KFin Technologies Limited to facilitate remote e-voting. Shareholders whose names appear in the Register of Members or List of Beneficial Owners as of the cut-off date are eligible to participate. The key dates for the voting process are outlined below:

Postal Ballot Notice

The postal ballot notice was dispatched electronically on Wednesday, May 20, 2026. The resolution requires a special majority for approval. If passed, the resolution will be deemed to have been passed on the last date of the remote e-voting period, Friday, June 19, 2026. The results will be communicated to the stock exchanges and displayed on the company's website.

Ms. Kiran Mazumdar-Shaw is currently the Non-Executive Chairperson and Promoter of Syngene International . The Board recommends the resolution, stating that the change in role is in the best interests of the Company and its stakeholders, leveraging her extensive experience and leadership.

Syngene International has issued a formal reminder to shareholders regarding unclaimed dividends for the financial year 2018-19 and onwards. The company, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has communicated the urgency of claiming these outstanding amounts to avoid the transfer of funds and shares to the Investor Education and Protection Fund (IEPF).

According to the provisions of Section 124(5) of the Companies Act, 2013, and the IEPF Rules, any dividend remaining unclaimed for seven years must be transferred to the IEPF. Consequently, equity shares for which dividends have not been claimed for seven consecutive years are also liable to be transferred to the IEPF Authority. Shareholders have been advised to claim their unpaid dividends on or before August 21, 2026, to prevent this transfer.

The company has identified specific financial years for which dividends remain unclaimed. No dividends were declared for the financial years 2019-20 and 2020-21. The table below details the dividends that were declared but remain unpaid or unclaimed:

Claim Process and Documentation

Shareholders holding original dividend warrants or demand drafts must submit a self-attested copy of their PAN card, address proof, and a Client Master List with updated bank details. In cases where the warrants are lost or shares are held in physical form, shareholders must submit an Application-cum-Undertaking along with the aforementioned documents.

The company has emphasized that once the unclaimed dividend and corresponding shares are transferred to the IEPF, no claim will lie against the company. Shareholders will then need to approach the IEPF Authority directly to recover the funds or shares. Additionally, all subsequent corporate benefits accruing to such shareholding will be credited to the IEPF Authority.

KYC Compliance

Syngene International has also mandated the update of KYC details, including PAN, nomination, and bank information, particularly for shareholders holding physical securities. This update is required for the timely remittance of dividends and future communication. Shareholders have been directed to send their claims and documents to KFin Technologies Limited, the Registrar and Share Transfer Agent, or to the company's office.