The Board of Directors of Suven Life Sciences Limited, at its meeting held on 10th January, 2020, has taken on record and approved the following matters: The Board has appointed Mr. Shrenik Soni as Company Secretary and Compliance officer of the Company with effect from 10th January, 2020. Consequent upon the appointment of said KMP, the present Company Secretary and Compliance Officer of the Company Mr. K Hanumantha Rao has demitted his office with immediate effect and transitioned to Suven Pharmaceuticals Ltd. (Resulting Company) as Company Secretary and Compliance Officer with effect from 10th January, 2020 as part of transfer of employees of CRAMS undertaking in terms of the Scheme of Arrangement (Demerger). The Board has also appointed Mr. M. Mohan Kumar as Chief Financial Officer of the Company with effect from 10th January, 2020.

Consequent upon the appointment of said KMP, the present Chief Financial Officer of the Company Mr. P Subba Rao has demitted his office with immediate effect and transitioned to Suven Pharmaceuticals Ltd. (Resulting Company) as Chief Financial Officer with effect from 10th January, 2020 as part of transfer of employees of CRAMS undertaking in terms of the Scheme of Arrangement (Demerger). Shri D. G. Prasad, the Independent Director has demitted his office of Director in Suven Life Sciences Ltd. with effect from 10th January, 2020 and decided to continue as Independent Director on the Board of Suven Pharmaceuticals Limited as per the rearrangement of the compositions of the both Boards of Suven Life Sciences Ltd. and Suven Pharmaceuticals Ltd. as approved by the respective Boards.