Re- designation of Mr. Keshav Bhutada as Executive Director in Shilpa Pharma Lifesciences Ltd, a material subsidiary of Shilpa Medicare Limited, on a remuneration of INR 1.00 Cr. (Rupees One Crore only) per annum w.ef 19 June, 2024 and payment of remuneration of INR 1.00 Cr. (Rupees One Crore only) per annum w.e.f. 1 April, 2024 to Mr. Madhav Bhutada , Managing Director, Shilpa Biocare Pvt. Ltd, a wholly owned subsidiary of Shilpa Medicare Limited, subject to members approval in the ensuing general meeting.