Integrated Filing-Governance



General information about company

Scrip Code 524715
NSE Symbol SUNPHARMA
MSEI Symbol NOTLISTED
ISIN INE044A01036
Name of the entity Sun Pharmaceutical Industries Limited
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Reporting Quarter Quarterly
Date of Quarter Ending 31-Dec-2024
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity There is no update during the quarter ended December 31, 2024.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? No
Reason For Part D Of Annexure I Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity There is no update during the quarter ended December 31, 2024
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Risk management committee
Market Capitalisation as per immediate previous Financial Year Top 100 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID S00607
Reason For No SCORE ID
Type of Submission Original
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory Dr. Pawan Goenka is the Lead Independent Director of the Company.
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Dilip Shantilal Shanghvi 00005588 Executive Director Chairperson related to Promoter MD 18-Oct-1955 No Active NA 01-Mar-1993 05-Aug-2024 2 0 1 0
2 Mr. Pawan Kumar Goenka 00254502 Non-Executive - Independent Director Not Applicable 23-Sep-1954 No Active NA 21-May-2021 21-May-2021 44 2 2 3 0
3 Mr. Gautam Bhailal Doshi 00004612 Non-Executive - Independent Director Not Applicable 23-Dec-1952 No Active Yes 29-Aug-2022 25-May-2018 25-May-2023 79 3 3 8 4
4 Ms. Rama Bijapurkar 00001835 Non-Executive - Independent Director Not Applicable 12-Mar-1957 No Active NA 21-May-2021 21-May-2021 44 5 5 4 1
5 Mr. Sanjay Khatau Asher 00008221 Non-Executive - Independent Director Not Applicable 26-Nov-1963 No Active NA 01-Nov-2022 01-Nov-2022 26 7 6 10 2
6 Mr. Rolf Hoffmann 10200311 Non-Executive - Independent Director Not Applicable 01-May-1959 No Active NA 15-Jun-2023 15-Jun-2023 19 1 1 0 0 Textual Information(1)
7 Mr. Sudhir Vrundavandas Valia 00005561 Non-Executive - Non Independent Director Not Applicable 26-Jul-1956 No Active NA 31-Jan-1994 28-Aug-2023 2 0 5 2
8 Mr. Aalok Dilip Shanghvi 01951829 Executive Director Not Applicable 21-Sep-1984 No Active NA 01-Jun-2023 01-Jun-2023 1 0 0 0



Text Block
Textual Information(1) Mr. Rolf Hoffmann is a Foreign National and hence he does not have a PAN.



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00004612 Gautam Bhailal Doshi Non-Executive - Independent Director Chairperson 25-May-2018
2 00254502 Pawan Kumar Goenka Non-Executive - Independent Director Member 27-May-2021
3 00008221 Sanjay Khatau Asher Non-Executive - Independent Director Member 01-Nov-2023



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00254502 Pawan Kumar Goenka Non-Executive - Independent Director Chairperson 27-May-2021
2 00004612 Gautam Bhailal Doshi Non-Executive - Independent Director Member 14-Aug-2018
3 00005561 Sudhir Vrundavandas Valia Non-Executive - Non Independent Director Member 13-Sep-2022
4 10200311 Rolf Hoffmann Non-Executive - Independent Director Member 01-Nov-2023



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00004612 Gautam Bhailal Doshi Non-Executive - Independent Director Chairperson 14-Aug-2018
2 00005588 Dilip Shantilal Shanghvi Executive Director Member 22-Mar-2001
3 00005561 Sudhir Vrundavandas Valia Non-Executive - Non Independent Director Member 22-Mar-2001
4 00254502 Pawan Kumar Goenka Non-Executive - Independent Director Member 27-May-2022



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00254502 Pawan Kumar Goenka Non-Executive - Independent Director Chairperson 29-May-2022
2 00005561 Sudhir Vrundavandas Valia Non-Executive - Non Independent Director Member 27-Sep-2014
3 00004612 Gautam Bhailal Doshi Non-Executive - Independent Director Member 20-May-2021
4 00005588 Dilip Shantilal Shanghvi Executive Director Member 27-Sep-2014
5 00000000 C. S. Muralidharan Chief Financial Officer Member 19-Jun-2017



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 01-Aug-2024 Yes 8 7 4
2 30-Sep-2024 59 Yes 8 7 5
3 28-Oct-2024 27 Yes 8 8 5



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 31-Jul-2024 Yes 3 3 3 0
2 Audit Committee 25-Oct-2024 85 Yes 3 3 3 0
3 Nomination and remuneration committee 31-Jul-2024 Yes 4 3 2 0
4 Nomination and remuneration committee 25-Oct-2024 85 Yes 4 4 3 0
5 Stakeholders Relationship Committee 31-Jul-2024 Yes 4 4 2 0
6 Stakeholders Relationship Committee 25-Oct-2024 85 Yes 4 4 2 0
7 Risk Management Committee 31-Jul-2024 Yes 4 4 2 1
8 Risk Management Committee 25-Oct-2024 85 Yes 4 4 2 1



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory Anoop Deshpande
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Signatory Details
Name of signatory Anoop Deshpande
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 14-Feb-2025


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 7
No. of investor complaints disposed off during the Quarter 3
No. of investor complaints those remaining unresolved at the end of the Quarter 4


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 DCIT - Circle 2(1)(1) - Baroda 04-Jun-2018 Adjustment to Income made during assessment under section 143(3) of the Income-tax Act Ongoing
2 DCIT - Circle 2(1)(1) - Baroda 20-Apr-2019 Adjustment to Income made during assessment under section 143(3) of the Income-tax Act Ongoing
3 DCIT - Circle 2(1)(1) - Baroda 30-Mar-2022 Penalty on adjustment to Income made during assessment under section 143(3) of the Income-tax Act Ongoing
4 DCIT - Circle 2(1)(1) - Baroda 23-Jan-2020 Adjustment to Income made during assessment under section 143(3) of the Income-tax Act Ongoing
5 DCIT - Circle 2(1)(1) - Baroda 25-Oct-2021 Adjustment to Income made during assessment under section 143(3) of the Income-tax Act Ongoing
6 DCIT - Circle 2(1)(1) - Baroda 29-Oct-2022 Adjustment to Income made during assessment under section 143(3) of the Income-tax Act Ongoing
7 Commisioner - Service Tax, Mumbai 03-Jul-2020 Service tax on Out of Court Settlement Expenses Ongoing