Shareholders meeting

July 06, 2026 BSE Ltd., National Stock Exchange of India Ltd., P J Towers, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Bandra, Mumbai - 400 001. Mumbai - 400 051. Scrip Code: 524735 Symbol: HIKAL Dear Sir/Madam, Subject: Voting Results of the Postal Ballot through remote e-voting process and Scrutinizer’s Report Further to our letter dated June 04, 2026, submitting the Postal Ballot Notice dated May 27, 2026, seeking the approval of the members by passing a Special Resolution for appointment of Mr. Sandip Parikh (DIN: 00030990) as an Independent Director of the Company, in accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”). In accordance with Regulation 44(3) of the SEBI Listing Regulations, please find enclosed the Report of the Scrutinizer on the Postal Ballot and the details of voting results. Based on the Report submitted by Scrutinizer, the aforesaid Special Resolution has been passed with requisite majority. The Scrutinizer’s Report and the voting results are also being made available on the website of the Company viz. www.hikal.com and the Scrutinizer’s Report will also be uploaded on the website of National Securities Depository Limited (NSDL). You are requested to take the above on record. Thank you, Yours Sincerely, For Hikal Limited, Rajasekhar Reddy Company Secretary & Compliance Officer Enclosures: as above Hikal Ltd. Admin. Office: Great Eastern Chambers, 6th Floor, Sector 11, CBD Belapur, Navi Mumbai - 400 614, India. Tel. + 91–22–6277 0299, + 91–22–6866 0300 Regd. Office: 717, Maker Chambers - 5, Nariman Point, Mumbai - 400 021, India. Tel. +91-22 6277 0477. Fax: + 91-22 6277 0500 www.hikal.com info@hikal.com CIN: L24200MH1988PTC048028 DHRUMII M. SHAH & CO. ttP Practisi ng Company Secretaries Ref No.: 59912026-27 SCRUTINIZER'S REPORT [Pursuant to Section 108 & 110 ofthe Companies Aci, 2013 and Rule 20 &22 of the Companies and Administratio n) Rules, 20141 The Chairman, Hikal Limited CIN : L24200MHi 988PTC048028 7171718 Maker Chamber V. Nariman Point, Mumbai400021 Dear Sir Sub: Scrutinize/s Report on postal ballot through e-voting process in respect of passing of the resolution set-out in the postal ballotnotice dated May 27,2026. I' Dhrumil M. Shah, Partner of Dhrumil M. Shah & Co. LLP, Practising Company Secretaries, have been appointed as Scrutinizer by the Board of Directors of Hikal Limited (hereinlfter called as "the Company"), pursuant to Section 108 and 1 10 of the Companies Act, 2013 i'the Act") read with Rute 20 & 22 of the Companies (Management and Administration) Rules, 20i4, ("the Rules") for the purpose of scrutinizing the Postal Ballot voting conducted by way of remote e-voting process (..e- voting") in a fair and transparent manner on the resolution containbd in the postal ball6t notice dated May 27,2026 ("Notice") issued in accordance with the Act and Rules read with General Circular No. 1412020 dated April 08, 2020, No. 1712020 dated April 13,2020, and subsequent circutars issued in this regard. the latest being No. 0912025 dated September 22,2025 (''MCA Gircutars") appticabte provisions of Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and Selretarial Standards on General Meetings ("ss-2") issued by the lnstitute of company Secretaries of lndia (.lcsl.). The management of the Company is responsible to ensure compliance with the requirements of the Acit and the Rules made thereunder; (ii) the MCA Circulars; and (iii) the Listing Regulations The managemeni of the Company is responsible for ensuring a secured framework and robustness of the electronic voting systems. My responsibility as a Scrutinizer was restricted to scrutinize the e-voting process, in a fair and transparent manner and to prepare a Scrutinizeis Report of the votes cast in favour and against the resolution stated in the Notice. My report is based on verification of data and reports generated from the e-voting system provided by the National Securities Depository Limited ("NSDL"), the service provider engaged by the Company to provide e-voting facility to its members. The Members of the Company holding shares as on the "cut-off' date as set out in the Notice i.e. Friday, May 29, 2026 were entitled to vote on the resolution set out in the Notice and their voting rights were in proportion to their shareholding in the paid-up equity share capital of the Company as on the cut-off date. The e-voting commenced at 09.00 A.M. (lST) on Friday, June 05, 2026 onwards and concluded at 05.00 P.M. (lST) on Saturday, July 04, 2026. Page | 1 2, Neelkanth Business Park, Mdhyavihar(W), Mumbai400086 Tal 'fl?a 7OA()dz,l/ - tl^f^. OtCEO,l .ltr1r - JL-.-:r/ar-^L-L The votes cast during the e-voting were unbloeked on Saturday, July 04, ?026 after the conclusion of ;r;t';t;"*d ior p-ostat Baltot in the presence of two witnesses who are not in the employment of the Company. Votes cast by the Members through e-voting were reconciled with the records maintained by the Registrar and Transfer Agent of thJ Company i.e. MUFG lntime lndia Private Limited (Formerly Link lntime lndia Private Limited). I now submit herewith the Scrutinizer's Report on the results of the e-voting for postal ballot, based on the report generated by NSDL in respect of the following resolution as under: SPECIAL BUSINESS: 1. SPECTAL RESOLUTION Appointment of Mr. Sandip Parikh (DlN: 00030990) as an lndependent Director of the Company ,,RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 read with Schedule lV and other applicable provisrons of the Companies Act, 2013 (.Act'), the Companies (Appointment and euatification of Directors) Rules, 2014, Regulation 17, 25 and any other applicable provisions of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") (including any st;atutory modification(s) or re-enactment(s) theieof for the time being in force) and the Articles of Association of the Company and based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company, Mr Sandip Parikh (DlN. 00030990), who was appointed as an Additional Director of the Company, in the category of lndependent Director by the Board of Directors with effect from May 27, 2026, be and is hereby appointed as an lndependent Director of the Company, not liable to retire by rotation, for a first term of 5 (five) consecutive years commencing from May 27,2026. RESOLVED FURTHER THAT all the Directors and/or Company Secretary be and are hereby severally authorised to file the retums/ forms/ other documents with the statutory and other authorities and to do all such acts, deeds and things as may be deemed expedient and necessary to give effect to the foregoing resolution.' i. Voting 'in favoul of resolution Number.of Members Number of valid votes cast % of total number of valid votes cast 285 5.27.44.371 99.9865 Voting "against" the resolution Number of Members Number of valid votes cast % of total number of valid votes cast 24 7,107 0.0135 iii. lnvalid Votes Total number of Members Total number of invalid votes cast J Practicing rl , Page | 2 Based on the above e-voting resutb on the aforesaid resolution you may declare the results of gi. voting. All electronic data and relevant records relating to e.voting shall remain in my safe custody until the Chairman considers. approv^es and signs the minutes of lhe Posal Ballot ano tnereanei, the same shall be handed over to the Company Secretary for safe keeping. For Dhrumil M. Shah & Co. LLp SH Practising Company Secreta ries lCSl URN: L2023MH01 3400 Practicing PRN:6459/2025 Cdngany Dhrumil M. Shah Partner Place: Mumbai FCS 8021 | CP 8978 Date : July 6,2026 UDIN: F008021 H0007518s2 We, the undersigned, have witnessed thatthe results of posta [Showing first 8,000 characters — download PDF for full document]