Welcure Drugs & Pharmaceuticals Limited announced that the Board of Directors of the Company has considered and accepted the resignations in its meeting held on 14th February, 2024. Mr. Vishal Mehra, has tendered his resignation from the post of the Managing Director of the Company, from close of business hours on 14th February, 2024, due to personal reasons. Mrs. Sitaben S Patel, has tendered his resignation as the Non- Executive-Independent Director of the Company, from close of business hours on 14th February, 2024, due to personal reasons.

Consequently, she shall also cease to be a member of Audit Committee, Nomination & Remuneration Committee and Stakeholder Relationship Committee of the Company. Mr. Rajeev Mehra, has tendered his resignation as the Non- Executive-Independent Director of the Company, with effect from close of business hours on 14th February, 2024, due to personal reasons. Consequently, he shall also cease to be a Chairman and member of Audit Committee, Nomination & Remuneration Committee and Stakeholder Relationship Committee of the Company.