Aarti Drugs Limited announced that Krishnacharya Govindacharya Akamanchi, Navin Chapshi Shah and Priti Paras Savla ceased to be an Independent Directors of the Company upon completion of second term of 5 years on March 31, 2024. In view of the above appointments and completion of tenure of Directorship, the Board approved reconstitution of the committees with effect from April 1, 2024 as follows: Audit Committee includes Shri Hasmukh B. Dedhia Independent Director, Chairman; Smt Neha R. Gada Independent Director, Member; Shri Ajit E. Venugopalan Independent Director, Member; Shri Ankit V. Paleja Independent Director, Member; Shri Prakash M. Patil Managing Director, Member; Shri Rashesh C. Gogri Managing Director, Member; Nomination and Remuneration Committee includes Smt Neha R. Gada Independent Director, Chairman; Shri Bhaskar N. Thorat Independent Director, Member; Shri Prakash M. Patil Managing Director, Member; Stakeholders Relationship Committee: Shri Ankit V. Paleja Independent Director, Chairman; Shri Narendra J. Salvi Non-executive Director, Member; Shri Harshit M. Savla Jt. Managing Director, Member; Shri Harit P. Shah Executive Director, Member; Risk Management Committee includes Shri Prakash M. Patil Managing Director, Chairman; Shri Rashesh C. Gogri Managing Director, Member; Shri Harshit M. Savla Jt.

Managing Director, Member; Shri Harit P. Shah Executive Director, Member; Shri Uday M. Patil Executive Director, Member; Shri Ankit V. Paleja Independent Director, Member; Shri Bhaskar N. Thorat Independent Director, Member. Corporate Social Responsibility Committee includes Shri Bhaskar N. Thorat Independent Director, Chairman; Shri Prakash M. Patil Managing Director, Member and Shri Rashesh C. Gogri Managing Director, Member.