Akums Drugs and Pharmaceuticals Limited — Important, 05-02-2025: Updates

Mr. Nand Lal Kalra will cease to serve as an Independent Director of Akums Drugs and Pharmaceuticals Limited upon reaching the age of 75 on February 5, 2025. His departure will also result in him stepping down from all committee memberships, including the Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, and the Corporate Social Responsibility Committee. The Board and Management express gratitude for his significant contributions during his tenure. This change may have implications for the company’s governance and committee operations, necessitating a watch on potential adjustments in the Board’s dynamics and decision-making processes.