Cipla : Outcome of Board Meeting Q4 FY 24

Sub: Outcome of Board Meeting held on 10th May 2024

Dear Sir/Madam,

Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ('SEBI Listing Regulations'), the Board of Directors of the Company at its meeting held today i.e., 10th May 2024, has inter‐alia:

1. Approved the audited financial results (standalone and consolidated) for the quarter and financial year ended 31st March 2024 ('audited financial results') and took on record the Auditor's report with unmodified opinion on the audited financial results.
   A copy of audited financial results, Auditor's report with unmodified opinion on the audited financial results and declaration from the Global Chief Financial Officer confirming the unmodified opinion of the statutory auditors on the audited financial results is enclosed.
2. Recommended payment of final dividend of Rs. 13 per equity share (face value of Rs. 2 per equity share) for the financial year ended 31st March 2024. The dividend, upon approval by the shareholders, will be paid within 30 days from the date of the Annual General Meeting. The record date for the purpose of payment of final dividend, if declared, shall be 2nd August 2024.
3. Decided to hold the 88th Annual General Meeting ('AGM') of the Company on Tuesday, 20th August 2024.
4. Noted that Mr. S. Radhakrishnan (DIN: 02313000), Non-Executive Director is not seeking re- appointment and will retire upon conclusion of the 88th AGM of the Company.

Cipla Ltd.

Regd. Office - Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400 013, India

P +91 22 41916000 F +91 22 41916120 Wwww.cipla.com E-mailcontactus@cipla.comCorporate Identity Number L24239MH1935PLC002380

1. Approved the appointment of Mr. Sanjay Varughese Joseph, Vice President and Head - API Business as Senior Management Personnel with effect from 1st June 2024. Details required under the SEBI Listing Regulations, read with the SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July 2023 ('SEBI Circular') have been provided in Annexure A to this letter.
2. Approved the appointment of M/s Joshi Apte & Associates, Cost Accountants (Firm Registration no. 000240) as Cost Auditors of the Company for FY 2024-25. Details required under the SEBI Listing Regulations, read with the SEBI Circular have been provided in Annexure B to this letter.
3. Approved the grant of stock options and employee stock appreciation rights (ESARs) in terms of the Cipla Employee Stock Option Scheme 2013-A and the Cipla Employee Stock Appreciation Rights Scheme 2021. Details required under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 have been provided in Annexure C to this letter.

The Board meeting of the Company which commenced today at 10:45 a.m. (IST) has concluded at 02:15 p.m. (IST).

The above-mentioned documents will also be available on the Company's website www.cipla.comin the Investors Section.

Kindly take the above information on record.

Yours faithfully,

For Cipla Limited

Rajendra Chopra

Company Secretary

Encl: As above

Prepared by: Mandar Kurghode

Cipla Ltd.

Regd. Office - Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400 013, India

P +91 22 41916000 F +91 22 41916120 Wwww.cipla.com E-mailcontactus@cipla.comCorporate Identity Number L24239MH1935PLC002380