SMS Lifesciences India Limited — Important, 13-02-2025: Updates

Independent Directors of SMS Lifesciences India Limited recently conducted a meeting to review the performance of the Non-Independent Directors and the Board overall. They assessed the flow of information from management to the Board, determining it to be necessary for effective governance. The evaluation of the Board's performance yielded satisfactory results. However, with the absence of a full-time Chairman, an evaluation of the Chairman's performance was deemed inapplicable. This assessment reflects positively on the company's governance practices and suggests a stable management structure, which may bolster investor confidence.