Disclosure under Regulation 46 of SEBI (LODR) Regulations 2015

Kunjal Dedhia

Director

Kunjal Dedhia, a results-driven Director with over 21 years of expertise in driving business growth, fostering strategic partnerships, and achieving success in the pharmaceutical industry.

She has built strong relationships across India, working with Central and State government, Public sectors undertakings, and corporate organizations.

Kunjal drives operational excellence, implementing process improvements to achieve consistent growth. Her leadership has been instrumental in achieving company’s growth objectives year after year.

With a comprehensive understanding of market dynamics and regulatory frameworks, Kunjal has successfully led tender teams to secure high-value contracts and expand market share, her strategic approach to sales has driven consistent revenue growth, making her a pivotal force in our organization’s success.

Shri. Vijay Gadhia

Director

Mr. Vijay Gadhia serves as a Director at Hindustan Laboratories Limited. With a B.Sc. degree and 19 years of extensive experience in the medical sector, he plays a pivotal role in optimizing the logistics function, which is integral to the company’s operational success.

He believes that effectively managing rising input costs while maintaining a delicate balance between supply and demand is essential for sustained success. Collaborating closely with his team, Mr. Gadhia ensures operational excellence and efficiency. Moreover, he is committed to fostering innovative strategies that enhance the company’s financial standing and uphold its esteemed reputation, embodying the strategic vision expected of a director.

Shri Subhash Ruia

Chief Financial Officer

Shri Subhash Ruia serves as the Chief Financial Officer at Hindustan Laboratories Limited. He brings 25 years of experience to his role, making him a cornerstone of our institutional business development and management.

With a strong network across the country, he has actively participated in various government tenders and bids, ensuring a continuous flow of orders from institutions.

Mr. Ruia has played a pivotal role in strengthening the company’s financial standing, implementing measures that enhance fiscal stability and resilience. His strategic initiatives have significantly contributed to the expansion of business opportunities and revenue streams. He has ensured the effective management and allocation of financial resources, maximizing operational efficiency and profitability.

Through his leadership and strategic vision, Shri Subhash Ruia continues to propel Hindustan Laboratories Limited toward sustained growth and excellence in the pharmaceutical sector.

Shri Krishiv Doshi

Head - Business Strategy

Krishiv Doshi embodies the new wave of leadership in the pharmaceutical sector, armed with a robust educational background and a progressive vision. As a Pharma.Tech MBA graduate from NMIMS Mumbai, he possesses extensive knowledge and a strong dedication to ongoing learning. With a firm belief in his company’s long-term growth potential, Krishiv is ready to make meaningful contributions to the industry and foster innovation and success.

“As globalization continues to rise and technology advances, I see numerous opportunities for HLL's growth, particularly in our focus on providing affordable healthcare. I aim for the company to embrace new technologies and expertise to expand into global markets while making a significant impact in the Indian Pharmaceutical Market (IPM) by prioritizing Quality and innovation at accessible prices. This approach will enable us to serve millions and ensure that healthcare is both accessible and affordable."

Shri. Vishal Raval

Chartered Accountant

Vishal Raval serves as the Group Financial Advisor, bringing over 15 years of comprehensive experience as a qualified Chartered Accountant. His expertise has been crucial in driving various financial operations within the organization, contributing significantly to its overall success.

Vishal plays a vital role in the company’s accounting and financial management, ensuring that all financial activities align with the broader organizational strategy. He actively supports the achievement of the company’s objectives by implementing effective financial practices and controls.

His leadership in financial operations not only enhances efficiency but also fortifies the organization’s foundation for future development.

CS Nidhi Bagadia

Company Secretary

CS Nidhi Bagadia is an Associate Member of the Institute of Company Secretaries of India and also holds Bachelor’s Degree in Commerce. She possesses around 3 years of experience in Corporate Governance, Secretarial Activities and Board Administration. Currently advancing her professional qualifications, she has gained valuable experience in managing corporate records, ensuring regulatory adherence and handling Compliances under various Corporate laws for both listed and unlisted Companies, SEBI Regulations, Insolvency and Bankruptcy Code, 2016 and supporting executive teams with governance matters.

She plays a key role in ensuring compliance with legal and regulatory requirements, managing board operations, facilitating communication with stakeholders, and providing strategic advice to the board on governance matters effectively to foster transparency, accountability, and legal integrity across all corporate functions.

Her diverse work profile has accredited her to gain knowledge and experience in varied fronts of Compliance duties in addition to Corporate Secretarial Activities which has significantly supplemented to organizations overall adherence to the applicable laws & Regulation, which eventually led to a Governance- focused business.