Compounding order under Section 441 of the Companies Act, 2013 for violation of Section 129(1)of the Companies Act, 2013 in the matter of M/s.Sun Pharmaceutical Industries Limited

File No. RD (NWR)/441/009/2024/ L)‘DI oL SRN GNL-1 F98829237 Dated: 19.09.2024 BEFORE THE REGIONAL DIRECTOR (NWR), AHMEDABAD MINISTRY OF CORPORATE AFFAIRS IN THE MATTER OF :- SECTION 441 OF THE COMPANIES ACT, 2013 AND SECTION 129(1) OF THE COMPANIES ACT, 2013 IN THE MATTER OF :-

1. M/s. Sun Pharmaceutical Industries Limited -(Applicant No.1)
2. Mr. Dilip Shantilal Shanghvi, Chairman & M.D -(Applicant No.2)
3. Mr. Sailesh Trambaklal Desai, Ex- WTD -(Applicant No.3)
4. Mr. Sudhir Vrundavandas Valia, Director & Ex-WTD -(Applicant No.4)
5. Mr. Uday Baldota, Ex- CFO -(Applicant No.5) FINAL ORDER paTe: 3 O DEC 2004

Compounding application received from:

1. M/s. Sun Pharmaceutical Industries Limited -(Applicant No.1)
2. Mr. Dilip Shantilal Shanghvi, Chairman & MD -(Applicant No.2)
3. Mr. Sailesh Trambaklal Desai, Ex- WTD -(Applicant No.3)
4. Mr. Sudhir Vrundavandas Valia, Director & Ex-WTD -(Applicant No.4)
5. Mr. Uday Baldota, Ex-CFO -(Applicant No.5) under Section 441 of the Companies Act, 2

Violation-Details and nature of the violation- For transactions not at Arm’s Length Basis as per the AS-18 read with Section 129 of the Companies Act, 2013 during the F.Y.2015- 16. 3. Reference of interim order: No. RD(NWR)/441/009/2023 dated 26.11.2024. 4. Compounding fee levied: Sr. | Name and Designation of the | Provision Compounding fee No. | Applicant violated for | payable by the the year. applicant (In Rs.) 1. | Mr. Dilip Shantilal Shanghvi, 2015-16 75,000/~ Chairman & MD 2. | Mr.

on of the | Provision Compounding fee No. | Applicant violated for | payable by the the year. applicant (In Rs.) 1. | Mr. Dilip Shantilal Shanghvi, 2015-16 75,000/~ Chairman & MD 2. | Mr. Sailesh Trambaklal Desai, 2015-16 75,000/- Ex-WTD 3. | Mr. Sudhir Vrundavandas 2015-16 75,000/~ Valia, Director & Ex-WTD 4. | Mr. Uday Baldota, Ex-CFO 2015-16 75,000/- Total 3,00,000/- 5. Payment of Compounding fee: Sr. | Name and Designation of the Receipt details | Amount paid No. | Applicant (In Rs.) 1. | Mr. Dilip Shantilal Shanghvi, X87656237 75,000/~ Chairman & MD Dated 06.12.2024 2. | Mr. Sailesh Trambaklal Desai, X87655304 75,000/- Ex-WTD Dated 06.12.2024 3. | Mr. Sudhir Vrundavandas Valia, | X87656245 75,000/- Director & Ex-WTD Dated 06.12.2024 4. | Mr. Uday Baldota, Ex-CFO X87655882 75,000/- Dated 06.12.2024 Total | . 3,00,000/- 1|Page

Considering the facts and circumstances described in interim order dated 26.11.2024 and on account of payment of compounding fee, the compounding application bearing SRN F98829237 (GNL-1) is hereby allowed. 7. Company is hereby directed to file this compounding order in prescribed E-form INC-28 with the jurisdictional ROC under the provisions of Section 441(3)(d) of the Companies Act, 2013, Dated this lg?ay of December, 2024 (G. C. YADAYV) Regional Director (NWR)(I/C) Ahmedabad To j M/s. Sun Pharmaceutical Industries Limited SPARC, Tandalja, Vadodara-390012, Gujarat, India. 2. Mr. Dilip Shantilal Shanghvi Tirth, New India Society No.

al Director (NWR)(I/C) Ahmedabad To j M/s. Sun Pharmaceutical Industries Limited SPARC, Tandalja, Vadodara-390012, Gujarat, India. 2. Mr. Dilip Shantilal Shanghvi Tirth, New India Society No. 17, 12" Road, JVPD, Vile Parle West, Mumbai, Maharashtra - 400049. 3. Mr. Shailesh Trambaklal Desai Aditya A Wing, 10" FLR, Gulmohor X RD No. 7, JVPD Scheme, Vile Parle West, Mumbai, Maharashtra — 400049. 4. Mr. Sudhir Vrundavandas Valia 801, 8" Floor, Aalap Building, 173 Sir Bhalchandra Road, Opp. Hindu Colony, Dadar (East), Mumbai, Maharashtra - 400014. 5. Mr. Uday Baldota X-601, Callalily, Nahar Amrit Shakti, Chandivali Mumbai-400014, Maharashtra, India. 6. Registrar of Companies, Ahmedabad, Gujarat 7. Master File 8. Office Copy =E (Kamal Harjani) Joint Director For Regional Director 2|Page