MD of wholly owned US subsidiary ceases to be Senior Management Personnel w.e.f. 2nd October 2026

Mr. Sendhil Pani, 'Managing Director' of Sudeep Pharma USA Inc. (a wholly owned subsidiary), has ceased to be a Senior Management Personnel (SMP) of the Company w.e.f. 2nd October 2026.

Mon 5 Oct 2026

Person

Mr. Sendhil Pani

Designation

'Managing Director' of Sudeep Pharma USA Inc. (a wholly owned subsidiary)

Date of cessation as SMP

2nd October 2026

Reason for change

completion of contractual arrangements between the Company and Mr. Sendhil Pani

Who has changed

• The Company has informed the exchanges about a change in its Senior Management Personnel, or SMP.
• Mr. Sendhil Pani held the position of 'Managing Director' of Sudeep Pharma USA Inc., which is a wholly owned subsidiary of Sudeep Pharma Limited.
• He will no longer be associated with the Company as SMP. The update states he ceased to be SMP w.e.f. 2nd October 2026.

Why the change happened

• The stated reason is completion of contractual arrangements between the Company and Mr. Sendhil Pani.
• In other words, the arrangement between the Company and him has run its course, and with that his role as an SMP has ended.

The details shared in the annexure

• The reason for change is recorded as completion of contractual arrangements between the Company and Mr. Sendhil Pani.
• The date of cessation is given as 2nd October 2026.
• The remaining rows in the annexure, namely brief profile, disclosure of relationships between directors, and the disclosure under Clause 7C of Part A of Schedule III, are marked Not Applicable.

How a retail investor can read this

• An SMP is part of the senior leadership that a company is required to disclose changes to, so that shareholders know who is running the business.
• Here, the change is specific to a senior role linked to the Company's US subsidiary, and the Company has stated the reason for the exit.
• The Company has not linked this change to any other development, and the update deals only with this role change.

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