Zenotech Laboratories Limited informed that the Board of Directors of the company at its meeting held on November 06, 2013, has approved
the resignation of Mr. B. K. Raizada from the position of Managing Director of the company with effect from close of business hours on November 06, 2013; the appointment of Dr. Junichi Koga as Additional Director of the Company with immediate effect. Dr. Koga is Corporate Officer, Global Head of Biologics, Biologics Oversight Function of R&D Division of Daiichi Sankyo Company, Limited, Japan; the resignation of Dr. Sudershan K. Arora, as Director and Chairman of the Board of Directors of the Company with immediate effect. The Board elected Mr. K. L. Khurana, Director, as Chairman of the Board of Directors of the Company. The Board also appointed Dr. Sudershan K Arora as Alternate Director to Dr. Junichi Koga.