ALKEM : INITIATES FORENSIC AUDIT INTO ALLEGED FUND MISAPPROPRIATION

• Audit Committee approved forensic audit on 21 October 2026 into alleged misappropriation of funds by a former employee • Grant Thornton Bharat LLP appointed to conduct the audit • Scope includes preliminary ESI review and market intelligence over procurement done by the former employee • Audit to independently investigate suspected irregularities, ascertain facts and recommend corrective measures • No financial quantum or employee details disclosed in the filing

Alkem Laboratories Ltd

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