Alembic Pharmaceuticals Limited announced that it has received Three Orders from Office of Director of Prohibition and Excise Department. Name of the authority: Office of Director of Prohibition and Excise Department, Prohibition Bhavan, Sector-10B, Gandhinagar, Gujarat- 382010. Nature and details of the action(s) taken, initiated or order(s) passed: Penalty of INR 100,000; Penalty of INR 100,000; Penalty of INR 100,000.

Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority: Order dated 7th June, 2024; Order dated 14th June, 2024; Order dated 14th June, 2024. All the orders are received on 14th June, 2024 (after close of working hours). Details of the violation(s)/contravention(s) committed or alleged to be committed: Non-compliance observed at supplier /vendor's end in supply of Methanol at their three locations, which is objected by the concerned authorities and hence cross penalty is charged on us.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no material impact on the Company's financials or operations due to the said order. The Company has decided to pay the penalty and has initiated the process to recover amount from the supplier/vendor.