Panacea Biotec Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

Panacea Biotec Limited hereby submit that the Board of Directors has, at its meeting held today, i.e. November 13, 2024, inter-alia, considered and approved following:1. Standalone and Consolidated Unaudited Financial Results (Provisional) along with Limited Review Report for the quarter and half year ended September 30, 20242. Fund raising by way of external commercial borrowings 3. Appointment of Mr. Rajesh Jain, Chartered Accountant as an additional director in the capacity of Non-Executive Independent Director w.e.f. 13.11.2024 4. Re-appointment of Dr. Rajesh Jain as Chairman and Managing Director w.e.f. 01.01.2025