This is with reference to the captioned subject we would further like to update you about the ongoing search of the Income Tax Department (IT Dept). This is to inform you that the IT Dept is conducting search at the offices of the Company located in New Delhi and Navi Mumbai at the plants of the Company located at Paonta Sahib Himachal Pradesh and South Sikkim Sikkim and at the plants of Relax Pharmaceuticals Private Limited Copmed Pharmaceuticals Private Limited and Pharmaforce Labs (subsidiaries of the Company) located at Paonta Sahib Himachal Pradesh. The officials of the Company and subsidiaries are cooperating with the officials of the IT Dept and are responding to the queries raised by them.The updates provided hereinabove are provided based on and to the extent of the information available with the Company at the time of writing this letter. Once the search by the IT Dept concludes the Company will update the Stock Exchanges in case of any material information/event
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