Unichem Laboratories Limited announced that at the board meeting held on August 4, 2023, the company noted the Resignation of Mr. Dilip Kunkolienkar (Director Technical) with effect from the close of business hours on August 9, 2023. Consequently, he shall also cease to be a Member of the Audit Committee and Risk Management Committee of the Board of Directors. Further, he has declared and confirmed that there is no other material reason for his resignation as a director.

Mr. Kunkolienkar's resignation letter is enclosed herewith.