Shareholders meeting

July 25, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Corporate Relationship Department Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400051 Mumbai- 400001 Symbol: LALPATHLAB Scrip Code: 539524 Sub: Proceedings of the 32nd Annual General Meeting of the Company Dear Sir/ Madam, We wish to inform you that the 32nd Annual General Meeting (“AGM”) of the Company held on Saturday, July 25, 2026, at 10:00 A.M. (IST) through Video Conference/Other Audio-Visual Means in compliance with the provisions of Companies Act, 2013 & circulars issued by Ministry of Corporate Affairs. The AGM concluded at 11:03 A.M. (IST) and e-Voting on the CDSL platform was kept open for the next 15 minutes. In this regard, please find enclosed proceedings of the AGM as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We request you to please take the same on record. Thanking You, Yours Faithfully, For Dr. Lal PathLabs Limited Vinay Gujral Company Secretary & Compliance Officer Encl.: As above Classification: Internal SUMMARY OF PROCEEDINGS OF THE 32ND ANNUAL GENERAL MEETING OF DR. LAL PATHLABS LIMITED (“COMPANY”) The 32nd Annual General Meeting (AGM/Meeting) of the Members of the Company was held on Saturday, July 25, 2026, at 10:00 A.M. (IST) through Video Conferencing /Other Audio-Visual Means (VC/OAVM) in compliance with the provisions of Companies Act, 2013 and circulars issued by Ministry of Corporate Affairs from time to time. The meeting commenced at 10:00 A.M. (IST). The following Directors were present: Name Designation Joined Meeting from (Hony) Brig Dr Arvind Lal - Executive Chair Gurugram Mr. Arun Duggal - Lead Independent Director and Gurugram Chairperson of the Nomination & Remuneration Committee and Stakeholders Relationship Committee Dr. Vandana Lal - Whole Time Director New Delhi Mr. Rohit Bhasin - Independent Director and New Delhi Chairperson of Audit Committee Ms. Somya Satsangi - Independent Director and New Delhi Chairperson of the Risk Management Committee Mr. Rahul Sharma - Non-Executive Director Gurugram Mr. Rajit Mehta - Independent Director Gurugram Mr. Gurinder Singh Kalra - Independent Director New Delhi Dr. Archana Lal Erdmann - Non-Executive Director New Delhi Classification: Restricted The details of number of Members present in the meeting are as follows: Category Promoter and Public Total Promoter Group In Person Not Applicable Not Applicable - Through Proxy/ Authorised Not Applicable Not Applicable - Representative Video Conference 3 62 65 Mr. Vinay Gujral, Company Secretary, welcomed the Members who were participating in the Meeting through VC/OAVM and briefed them about certain important points regarding Video Conferencing. Thereafter, he requested (Hony) Brig Dr Arvind Lal to chair the meeting. (Hony) Brig Dr Arvind Lal, took the chair and welcomed the Members present and confirmed the presence of quorum. He started the meeting by requesting his fellow Board Members to introduce themselves to the Members. The Chairperson also, then confirmed the presence of following: Name Designation Mr. Shankha Banerjee Chief Executive Officer Mr. Ved Prakash Goel Group Chief Financial Officer and CEO – International Business Mr. Vinay Gujral Company Secretary & Compliance Officer Mr. Rashim Tandon Partner- Deloitte Haskins & Sells, LLP; Statutory Auditors Mr. Pradeep Singh Senior Manager - Deloitte Haskins & Sells, LLP; Statutory Auditors Mr. Lakhan Gupta Partner - Chandrasekaran Associates, Secretarial Auditors Mr. Kapil Bansal Senior Manager - Ernst & Young LLP, Internal Auditors Mr. Vaibhav Gupta Authorized Representative - A.G Agarwal & Associates; Cost Auditors Mr. K. K. Singh Partner – K. K. Singh & Associates, Scrutinizer Classification: Restricted The Chairperson, thereafter, delivered out his speech. The Chairperson further informed that the Statutory Registers under the Companies Act, 2013 along with the other documents as mentioned in the AGM Notice are available for inspection by the Members. The Chairperson also informed that the Statutory Auditors’ Report and Secretarial Auditor’s Report for the Financial Year ended March 31, 2026, did not contain any qualifications or reservations and therefore, were not required to be read at the AGM. The notice of the AGM was, then, taken as read as the same was already circulated to the Members. The Chairperson, then, took up the following business item(s), as per the Notice of AGM: ORDINARY BUSINESSES 1 To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2026, together with the reports of the Directors’ and Auditors’ thereon and the audited consolidated financial statements of the Company for the financial year ended March 31, 2026, together with report of Auditors' thereon. (Ordinary Resolution) 2 To declare final dividend of INR 4/- per fully paid-up equity share having face value of INR 10/- each for the Financial Year ended March 31, 2026. (Ordinary Resolution) 3 To appoint a Director in place of Mr. Rahul Sharma (DIN: 00956625), who retires by rotation and being eligible, offers himself for re-appointment. (Ordinary Resolution) SPECIAL BUSINESSES 4 Revision in remuneration structure of (Hony) Brig Dr Arvind Lal (DIN: 00576638), Executive Chairman and Whole-Time Director of the Company. (Special Resolution) 5 Revision in remuneration structure of Dr Vandana Lal (DIN: 00472955), Whole- Time Director of the Company. (Special Resolution) Classification: Restricted 6 Re-appointment of (Hony) Brig Dr Arvind Lal (DIN: 00576638) as Executive Chairman and Whole-Time Director of the Company, for a period of five (5) consecutive years commencing from April 01, 2027. (Special Resolution) 7 Re-appointment of Mr. Rajit Mehta (DIN: 01604819) as a Non-Executive Independent Director of the Company for a second term of five (5) consecutive years commencing from July 27, 2026. (Special Resolution) 8 Payment of remuneration to Mr. Rahul Sharma (DIN: 00956625), Non-Executive Director, in the event of exercise of ESOPs in excess of 50% of total remuneration payable to all Non-Executive Directors. (Special Resolution) 9 Payment of Commission to Non-Executive Directors including Independent Directors. (Special Resolution) 10 Ratification of Remuneration payable to Cost Auditors for the Financial Year 2026-27. (Ordinary Resolution) For Item No. 4, 5 & 6 the Chairperson was deemed to be considered interested. Therefore, the Chairperson entrusted the conduct of the proceedings for these items to Mr. Arun Duggal, Lead Independent Director of the Company Thereafter, the Chairperson informed the Members that the Board of Directors have engaged the services of Central Depository Services (India) Limited (CDSL) as agency to provide e-voting facility. The Company had provided the remote e-voting facility to all Members to cast their vote electronically on all the resolutions set forth in the notice of AGM. The remote e-voting period commenced on Tuesday, July 21, 2026, at 9:00 A.M. (IST) and ended on Friday, July 24, 2026, at 5:00 P.M. (IST). The Chairperson also informed that the Members who had not cast their votes through remote e-voting, can cast their votes during the AGM by way of a single login credential, through their demat accounts or through websites of Depositories/ Depository Participants. Classification: Restricted He also informed that the Board of Directors had appointed M/s. K.K Singh & Associates, Company Secretaries, as Scrutinizer to scrutinize the remote e-voting and e-voting process during the AGM in a fair and transparent manner. The Chairperson thereafter requested Mr. Vinay Gujral, Company Secretary to open the Q&A session for the Members to ask their queries. Thereafter, Members attending the AGM, who had pre-registered themselves as speaker were given an opportunity to ask questio [Showing first 8,000 characters — download PDF for full document]