Name Designation

K. Nityanda Reddy VC & MD

Mr. P. V Ram Prasad Reddy Non Executive director

Mr. K. Raghunathan Independent Director & Non-Executive Chairman

Mr. M. Madan Mohan Whole Time Director

Reddy

Mr. P. Sarath Chandra Non-Executive Director

Reddy

Dr. (Mrs.) Avnit Bimal Singh Independent Director

Mrs. Savitha Mahajan Independent Director

Mr. Girish Paman Vanvari Independent Director

Mr. Santanu Mukherjee Independent Director

DR. M. SIVAKUMARAN Whole-time Director

About
Mr. K. Nityananda Reddy, holds a Master’s Degree in Science (Chemistry). He has been associated
with the Company since its initial days, acting as a promoter. He has expertise in manufacturing
technology and he oversees production planning and provides guidance in the effective utilisation
of capacities.

Mr. P.V. Ram Prasad Reddy, holds a degree in Commerce and is a promoter of the Company. Prior
to promoting Aurobindo Pharma in 1986, he held management positions in various
pharmaceutical companies. He leads the strategic planning for the Company. He emphasises
strategy development and future planning and identifies growth opportunities, acquisitions, and
consolidation as key areas.

Mr. K. Ragunathan is a Chartered Accountant by profession. He is one of the leading Management

Consultants of India with expertise in Management Consulting, Enterprise Software Processes,
business transaction structuring, corporate law procedures and compliances, capital market and
depository operation related consulting etc. He has over 24 years of experience in consulting
services. He is a certified Management Consultant affiliated to International Council of
Management Consulting Institutes.

He has a Master’s Degree in Science (Organic Chemistry) and held top managerial positions in
leading pharma companies. He brings valuable experience in regulatory affairs of the pharma
industry. Prior to joining the Company, he was working as the Managing Director of M/s. Srichakra
Remedies Limited.

He is a graduate of Business Administration. He is a second generation entrepreneur and belongs

to the promoter group. He has gained experience in general management and expertise in project
executions. He has experience in procurement, logistics, clinical trials, trading, and
information technology.

A non-executive independent Director of the Company, Dr. (Mrs.) Avnit Bimal Singh is an MBBS
and P.G. in OBG/GYN. She is a Medical Practitioner and a senior Obstetrician / Gynecologist based
at Hyderabad. provides valuable insights into new and current trends in medication and related
fields.

Mrs. Savita Mahajan, is the former Deputy Dean of the Indian School of Business. She was
associated with the ISB for 14 years, since its inception in 2001, and was responsible for building
its second campus at Mohali, Punjab, as its CEO. She holds a degree in Economics from Delhi
University and obtained her MBA from the Indian Institute of Management, Ahmedabad, in 1981.
Since then, she has worked in several Indian organizations, including Maruti Udyog Limited, Bharat
Technologies, Karvy Consultants, and Intergraph India, in diverse industry sectors, including
automobiles, engineering, financial services and software. Her professional interests include
Strategic Management, Institutional Values, Leadership and Organizational Change.

Mr. Girish Paman Vanvari is a Fellow member of the Institute of Chartered Accountants of India.
With over 27 years of consulting experience, Mr. Girish is the Founder of Transaction Square – a
Tax, Regulatory and Business Advisory Firm. Prior to his entrepreneurial venture, Mr. Girish had a
13-year stint with KPMG wherein he was the National Leader for Tax at KPMG India. He has
regularly worked with many large multinationals and Indian promoter companies in advising them
on various tax and regulatory issues. Further, he has built an exclusive legacy of work in M&A deals
and restructuring transactions for some of the biggest deals in the industry. Prior to KPMG, Mr.
Girish was at Arthur Andersen for over a decade. Mr. Girish is a regular conference host, presenter
and moderator at various tax conferences and seminars. He has been regularly featured in a
number of international and Indian media outlets, newspapers and business magazines.
Mr. Santanu Mukherjee holds [Link]., honors from Presidency College under Kolkata University and
CAIIB from the Indian Institute of Bankers. Mr. Mukherjee is the former Managing Director of State
Bank of Hyderabad. He has around four decades of experience in the field of banking, finance, risk
management, etc. in various capacities. From 2013 to mid of 2014 he was acting as Chief General
Manager of State Bank of Bikaner and Jaipur. He has also worked as a Chief Executive Officer of
State Bank of India, Paris from 2004 to 2008. He joined as a probationary officer and carried out
important domestic and overseas assignments in the SBI Group. He held several senior positions in
SBI Group handling commercial credit, international business, risk management, treasury
operations, etc., He is also an independent Director in several listed entities.

Postgraduate in Science from the University of Madras and PhD in Organic Chemistry from
Jadavpur University. He has more than four decades of experience in the pharmaceutical industry
and is responsible for the technological evolution of the Company. He looks after research and
development, new product development, and total quality management.
Source
Website

Website Co-Founder Aurobindo Pharma

Website

Website

Website He was arrested by ED on November 10 along with

Benoy Babu GM of International Brands Pernod
Richards in connection with its money laundering probe
into the alleged irregularities in the now scrapped liquor
policy of Delhi govt.

Website

Website

Website
Website

AR 2021-22
2018-19
Name Category

[Link] Non-executive Independent Chairman

[Link] Reddy Promoter and Executive
Mr. N. Govindarajan Executive
[Link] Executive
[Link] Mohan Reddy Executive
[Link] Reddy Promoter and Nonexecutive
[Link] Chandra Reddy Executive
[Link] Murty Non-executive Independent
Dr. (Mrs.) Avnit Bimal Singh Non-executive Independent
[Link] Mahajan Non-executive Independent

2019-20
Name Category

Mr. K. Ragunathan Non-executive Independent Chairman

Mr. K. Nithyananda Reddy Promoter and Executive
Mr. N. Govindarajan Executive
Dr. M. Sivakumaran Executive
Mr. M. Madan Mohan Reddy Executive
Mr. P. V. Ramprasad Reddy Promoter and Nonexecutive
Mr. P. Sarath Chandra Reddy Executive
Mr. M. Sitarama Murty Non-executive Independent
Dr. (Mrs.) Avnit Bimal Singh Non-executive Independent
Mrs. Savita Mahajan Non-executive Independent

2020-21
Name Category

Mr. K. Ragunathan Non-executive Independent Chairman

Mr. K. Nithyananda Reddy Promoter and Executive
Mr. N. Govindarajan Executive
Dr. M. Sivakumaran Executive
Mr. M. Madan Mohan Reddy Executive
Mr. P. V. Ramprasad Reddy Promoter and Nonexecutive
Mr. P. Sarath Chandra Executive
Mr. M. Sitarama Murty Non-executive Independent
Dr. (Mrs.) Avnit Bimal Singh Non-executive Independent
Mrs. Savita Mahajan Non-executive Independent
Mr. Girish Paman Vanvari Non-executive Independent

2021-22
Name Category

Mr. K. Ragunathan Non-executive Independent Chairman

Mr. K. Nithyananda Reddy Promoter and Executive
Dr. M. Sivakumaran Executive
Mr. M. Madan Mohan Reddy Executive
Mr. P. V. Ramprasad Reddy Promoter and Executive
Mr. P. Sarath Chandra Reddy Executive
Dr. (Mrs.) Avnit Bimal Singh Non-executive Independent
Mrs. Savita Mahajan Non-executive Independent
Mr. Girish Paman Vanvari Non-executive Independent

2022-23
Name Category

Mr. K. Ragunathan Non-executive Independent Chairman

Mr. K. Nithyananda Reddy Promoter and Executive
Dr. M. Sivakumaran Executive
Mr. M. Madan Mohan Reddy Executive
Mr. P. V. Ramprasad Reddy Non-executive Independent Chairman
Mr. P. Sarath Chandra Reddy Non-executive Non Independent
Dr. (Mrs.) Avnit Bimal Singh Non-executive Independent
Mrs. Savita Mahajan Non-executive Independent
Mr. Girish Paman Vanvari Non-executive Independent
Mr. Santanu Mukherjee Non-executive Independent

Board Committee

Audit Committee
Name of Member
Mr. Girish Paman Vanvari
Mr. K. Ragunathan
Mrs. Savita Mahajan

Compensation Committee
Name of Member
Dr. (Mrs.) Avnit Bimal Singh
Mr. K. Ragunathan
Mr. Girish Paman Vanvari

Stakeholder's Relationship Committee

Name of Member
Dr. (Mrs.) Avnit Bimal Singh
Mr. K. Nithyananda Reddy
[Link]
[Link] Mahajan
Mr. Girish Paman Vanvari

CRS Committee
Name of Member
Mr. K. Nithyananda Reddy
Mr. K. Ragunathan
Mr. P. Sarath Chandra Reddy
Mrs. Savita Mahajan
 [Link] Bimal Singh
Mr. Girish Paman Vanvari

Risk management Committee

Name of Member
Mr. Girish Paman Vanvari
Mr. P. Sarath Chandra Reddy
[Link]
Number of Board Meetings attended Attendance the last AGM held on Number of Directorships
August 27, 2020 in other companies
5 Yes 4
6 Yes 10
6 Yes -
6 Yes 6
6 - 8
4 - 2
6 Yes 7
6 Yes -
6 Yes -
5 Yes 3

Number of Board Meetings attended Attendance the last AGM held on Number of Directorships
August 27, 2020 in other companies
4 Yes 5
3 Yes 9
4 Yes ---
4 Yes 7
3 Yes 8
4 --- 2
4 --- 8
3 Yes ---
4 Yes ---
4 --- 4

Number of Board Meetings attended Attendance the last AGM held on Number of Directorships
August 27, 2020 in other companies
7 Yes 6
7 Yes 5
7 Yes ---
7 Yes 7
7 Yes 9
7 Yes 2
6 Yes 10
7 Yes ---
7 Yes ---
7 Yes 4
3 NA ---

Number of Board Meetings attended Attendance the last AGM held on Number of Directorships
August 27, 2020 in other companies
9 Yes 7
9 Yes 4
8 Yes 7
 9 Yes 9
9 Yes 2
7 Yes 7
9 Yes ---
9 Yes 4
9 Yes 5

Number of Board Meetings attended Attendance the last AGM held on Number of Directorships
August 27, 2020 in other companies
5 Yes 7
5 Yes 6
4 Yes 7
4 Yes 10
5 Yes 2
3 Yes 6
5 Yes ---
5 No 3
5 Yes 6
1 NA 8

Nature of membership
Chairperson Chartred Accountant
Member
Member

Nature of membership
Chairperson MBBS
Member
Member

Nature of membership
Chairperson MBBS
Member
Member
Member
Member

Nature of membership
Chairperson Co-Founder
Member
Member
Member
Member
Member

Nature of membership
Chairperson Chartred Accountant
Member
Member
No. of shares of `1 each
held in the Company
-
25,359,572
-
14,491,360
2,010
18,000,000
***
-
-
-

No. of shares of `1 each

held in the Company
---
25,359,572
---
14,491,360
2,010
18,000,000
---
---
---
---

No. of shares of `1 each

held in the Company
---
25,359,572
---
14,491,360
2,010
18,000,000
---
---
---
---
---

No. of shares of `1 each

held in the Company
---
25,359,572
14,491,360
 2,010
18,000,000
---
---
---
---

No. of shares of `1 each

held in the Company
---
25,359,572
14,491,360
2,010
18,000,000
---
---
---
---
---
Promoters holds 51% in company & out of which almost 20% is pledged
Pledged stake is increasing gradually. It was 14.92% in Sep 2022 & 19.56% in Sep 2023.
Promoter & promoter group is selling their stake continuously,.
Kamban Spoorthi holded 1.30% in Mar 2017 but now holdinh has reduced to 1.19%
Company Non executive director along with Benoy babu was arrested in Money
laundering case connected to Delhi govt liquor scam.
Company is heading by 1st generation entreneuper.
Key managiral persons have been with the company since long.
Independent directors in the BOD are 5 from 10.
Remuneration of Key people to employee

Name Designation
Mr. K. Nithyananda Reddy Vice Chairman & Managing Director
Dr. M. Sivakumaran Whole-time Director
Mr. M. Madan Mohan Reddy Whole-time Director
Mr. P. Sarath Chandra Reddy Director
Mr. N. Govindarajan Managing Director

Remuneration increased in %

Mr. K. Nithyananda Reddy Vice Chairman & Managing Director

Dr. M. Sivakumaran Whole-time Director
Mr. M. Madan Mohan Reddy Whole-time Director
Mr. P. Sarath Chandra Reddy Director
Mr. Santhanam Subramanian CFO
Mr. B. Adi Reddy Company Secretary
Mr. N. Govindarajan Managing Director

Executive Directors Salary

Mr. K. Nithyananda Reddy

Dr. M. Sivakumaran
Mr. M. Madan Mohan Reddy
Mr. P. Sarath Chandra Reddy
Mr. N. Govindarajan

Remuneration as % of revenue
Revenue

Mr. K. Nithyananda Reddy

Dr. M. Sivakumaran
Mr. M. Madan Mohan Reddy
Mr. P. Sarath Chandra Reddy
Mr. N. Govindarajan
Total Salary as % of revenue

Sitting Fees

[Link] Murty
[Link]
Dr.(Mrs.) Avnit Bimal Singh
Mrs. Savita Mahajan
Mr.P.V. Ram Prasad Reddy
Mr. Girish Paman Vanvari

Company name Key Managerial Person

Auro Pharma Mr. K. Nityananda Reddy
Sun Pharma Mr. Dilip S. Shanghvi
Cipla Mr Umang Vohra
Dr. Reddy Mr. G V Prasad
Lupin Mr. Nilesh D. Gupta
IPCA Labs Mr. Premchand Godha
Biocon Siddharth Mitta
GlenPharma Mr. Glenn Saldanha
Alembic Pharma Mr. Pranav Amin
Piramal Pharma Mr. Peter DeYoung

Median
Average
 2018-19 2019-2020 2020-21 2021-22 2022-23
Ratio Ratio Ratio Ratio Ratio
34x 31x 44x 46x 59x
34x 31x 44x 39x 37x
60x 82x 98x 88x 83x
19x 18x 27x 25x 13x
325x 341x 317x 203x -

0% 0% 54% 17% 38%

0% 0% 54% 0% 0%
0% 52% 29% 0% 0%
0% 0% 66% 0% 0%
31% 13% 45% 12% 16%
16% 11% 20% 15% 7%
0% 15% 15% 14% -

2018-19 2019-2020 2020-21 2021-22 2022-23

₹ 1.5146 ₹ 1.5122 ₹ 23,302,648 ₹ 27,198,911 ₹ 37,406,887
₹ 15,153,972 ₹ 15,121,600 ₹ 23,310,995 ₹ 23,320,100 ₹ 23,327,284
₹ 26,757,969 ₹ 40,675,434 ₹ 52,338,862 ₹ 52,347,922 ₹ 52,352,894
₹ 8,626,890 ₹ 8,733,139 ₹ 14,597,830 ₹ 14,606,483 ₹ 8,163,121
₹ 146,320,927 ₹ 168,872,953 ₹ 193,944,217 ₹ 121,400,764 -
₹ 196,859,760 ₹ 233,403,128 ₹ 307,494,552 ₹ 238,874,180 ₹ 121,250,186
18.56% 31.74% -22.32% -49.24%

2018-19 2019-2020 2020-21 2021-22 2022-23

19564 23099 24775 23455 24855

0.0077% 0.0065%

2018-19 2019-2020 2020-21 2021-22 2022-23

1,100,000 750,000 2,400,000 - -
1,150,000 1,100,000 3,000,000 3,100,000 2,700,000
950,000 650,000 1,800,000 2,100,000 1,700,000
800,000 800,000 2,400,000 2,600,000 2,300,000
 400,000 400,000 700,000 900,000 500,000
- - 1,100,000 3,100,000 2,700,000
4,400,000 3,700,000 11,400,000 11,800,000 9,900,000
-15.91% 208.11% 3.51% -16.10%

Median Salary of KMP to Employee

59x
84.27x
224x
329x
92x
309.76x
75.79x
316.91x
39.80x
87.94x

86.10x
152.41x
10000000

Total
4,250,000
11,050,000
7,200,000
8,900,000
2,900,000
6,900,000