Samrat Pharmachem Limited informed about the following changes composition of the Board: Mr. Mahendra Pipalia (DIN: 00216959), has tendered his resignation as the Independent Director of the Company, with effect from close of business hours on 28th June, 2024, citing pre-occupation and other personal commitments. Consequently, he shall also cease to be the Chairman of the Audit Committee and Member of the Nomination & Remuneration Committee, Stakeholders Relationship Committee, Risk Management Committee, Corporate Social Responsibility Committee & Health, Safety and Sustainability Committee of the Company. Mr. Samir Kothary (DIN: 00216603), has tendered his resignation as the Independent Director of the Company, with effect from close of business hours on 28th June, 2024, citing pre-occupation and other personal commitments.

Consequently, he shall also cease to be the Chairman of the Nomination & Remuneration Committee, Health, Safety and Sustainability Committee and Member of the Audit Committee, Stakeholders Relationship Committee, Risk Management Committee and Corporate Social Responsibility Committee of the Company.