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'ĿƑĚČƥūƑ ljūƑ ƙĚČūŠē ƥĚƑŞ ūlj ǛDŽĚ ČūŠƙĚČƭƥĿDŽĚ NjĚîƑƙ ljūƑ ƥĺĚ îƎƎƑūDŽîŕ ċNj ƥĺĚ qĚŞċĚƑƙ îƙ î ƙƎĚČĿîŕ ƑĚƙūŕƭƥĿūŠȦ
Memorandum of interest
Except Ms Panse, being an appointee, none of the Directors and Key Managerial Personnel of the Company and their relatives
îƑĚ ČūŠČĚƑŠĚē ūƑ ĿŠƥĚƑĚƙƥĚēȡ ǛŠîŠČĿîŕŕNj ūƑ ūƥĺĚƑDžĿƙĚȡ ĿŠ ƥĺĚ ƑĚƙūŕƭƥĿūŠ ƙĚƥ ūƭƥ îƥ ĿƥĚŞ ŠƭŞċĚƑ ǭȦ
Item number 8
The Members in the AGM held on August 04, 2015 had appointed Mr B R Arora as an Independent Director of the Company
ljūƑ î ƥĚƑŞ ūlj ǛDŽĚ ČūŠƙĚČƭƥĿDŽĚ NjĚîƑƙȡ ĚljljĚČƥĿDŽĚ ƎƑĿŕ Ǧǧȡ ǨǦǧǫȦ ¹ĺĚ ČƭƑƑĚŠƥ ƥĚƑŞ ūlj ĺĿƙ ūljǛČĚ Ŀƙ ēƭĚ ƥū ĚNJƎĿƑĚ ūŠ qîƑČĺ ǩǧȡ ǨǦǨǦȦ
His brief résumé is as under:
Name
Mr B R Arora
Date of birth
June 03, 1944
Brief résumé
Mr B R Arora is a Director of the Board since April 2015. He is a Member of
the Audit Committee, the Nomination and Remuneration Committee and the
Chairman of the Stakeholders Relationship Committee of the Board.
qƑ ƑūƑîĺîƙ Ǫǯ NjĚîƑƙ ūlj ĚNJƎĚƑĿĚŠČĚDžĿƥĺ ŕĚîēĿŠijŞƭŕƥĿŠîƥĿūŠîŕ ČūŞƎîŠĿĚƙ ĿŠ TŠēĿî
and abroad in Agrochemicals, Biologics, Infant Nutrition and Pharmaceuticals
Businesses.
Mr Arora held several senior positions including Chairman, Cyanamid Agro Ltd,
ManagingDirector, Cyanamid India Ltd, ChairmanandManagingDirector,Wyeth
ȶ gĚēĚƑŕĚ gƥēȡ ¤ĚijĿūŠîŕ ¡ƑĚƙĿēĚŠƥ ȶ ƙĿîȡ ¡ǛǕĚƑ sƭƥƑĿƥĿūŠȡ ¤ĚijĿūŠîŕ ¡ƑĚƙĿēĚŠƥ ȶ
ƙĿî îŠē ¡îČĿǛČ ¤Tqȡ sĚƙƥŕĚ ¬ ȡ ĺîĿƑŞîŠȡ ¡¹ ØNjĚƥĺȦ sƭƥƑĿƥĿūŠ TŠēūŠĚƙĿî îŠē
ūîƑē qĚŞċĚƑȡ ØNjĚƥĺ ¡ĺĿŕĿƎƎĿŠĚƙ TŠČȦ OĚ Džîƙ îŕƙū î qĚŞċĚƑ ūlj ƥĺĚ ūîƑē ūlj
'ĿƑĚČƥūƑƙ ūlj ƙĿî ¡îČĿǛČ TŠljîŠƥ îŠē ÞūƭŠij ĺĿŕē sƭƥƑĿƥĿūŠ ƙƙūČĿîƥĿūŠȡ ¬ĿŠijîƎūƑĚȡ
Chairman of the American Business Council, Mumbai and Vice President of
Organisation of Pharmaceuticals Producers of India.
Mr Arora holds a graduate degree in Mechanical Engineering from Punjab
Engineering College and has undergone several programs at Asian Institute of
Management, Michigan Business School, Harvard Business School and London
Business School.
Directorship in other companies
Public company
Wockhardt Ltd
Membership in committees of other
companies
Member of committees
Wockhardt Ltd – Audit Committee
Wockhardt Ltd – Stakeholders Relationship Committee
¤ĚŕîƥĿūŠƙĺĿƎ DžĿƥĺ ūƥĺĚƑ 'ĿƑĚČƥūƑƙ
None
Number of shares held in the Company
100
Mr Arora, being eligible in terms of Section 149 and other applicable provisions of the Companies Act, 2013, offering himself
ljūƑ îƎƎūĿŠƥŞĚŠƥȡ Ŀƥ Ŀƙ ƎƑūƎūƙĚē ƥū îƎƎūĿŠƥ ĺĿŞ îƙ îŠ TŠēĚƎĚŠēĚŠƥ 'ĿƑĚČƥūƑ ljūƑ ƥĺĚ ƙĚČūŠē ƥĚƑŞ ūlj ǛDŽĚ ČūŠƙĚČƭƥĿDŽĚ NjĚîƑƙ ljƑūŞ
ƎƑĿŕ Ǧǧȡ ǨǦǨǦ ƥū qîƑČĺ ǩǧȡ ǨǦǨǫȦ
sūƥĿČĚ ĺîƙ ċĚĚŠ ƑĚČĚĿDŽĚē ljƑūŞ î qĚŞċĚƑ ƎƑūƎūƙĿŠij qƑ ƑūƑî îƙ î ČîŠēĿēîƥĚ ljūƑ ƥĺĚ ūljǛČĚ
of Director of the Company.
Effective April 01, 2019, Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 introduced on May 09, 2018
inter alia
ƑĚƐƭĿƑĚƙ ŏƭƙƥĿǛČîƥĿūŠ ĿŠ ƥĺĚ /NJƎŕîŠîƥūƑNj ¬ƥîƥĚŞĚŠƥ ljūƑ
îƎƎūĿŠƥŞĚŠƥ ūlj î ƎĚƑƙūŠ Džĺū ĺîƙ îƥƥîĿŠĚē ǭǫ NjĚîƑƙ ūlj îijĚ îƙ îŠ TŠēĚƎĚŠēĚŠƥ 'ĿƑĚČƥūƑȦ
In the opinion of the Board, Mr Arora:
i)
possesses rich experience and expertise relevant to the Company
ĿĿȴ ljƭŕǛŕƙ ƥĺĚ ČūŠēĿƥĿūŠƙ ƙƎĚČĿǛĚē ĿŠ ƥĺĚ ūŞƎîŠĿĚƙ Čƥȡ ǨǦǧǩ îŠē ƥĺĚ ¤ƭŕĚƙ ŞîēĚ ƥĺĚƑĚƭŠēĚƑ
iii) is independent of the Management
103
Notice