Choksi Laboratories Ltd — Important, 07-02-2026: Company Update

Choksi Labs announced a change in its board of directors. Mrs. Meenaxi Patidar resigned as an Independent Director, leading to her removal from board committees. The company appointed Mr. Ritik Pavecha as a new Additional Non-Executive Independent Director, pending shareholder approval. Following these changes, the Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee were re-constituted. Mr. Pavecha will now serve on the Audit and Nomination and Remuneration Committees. This update ensures the company maintains robust governance and committee oversight.