MADHAVBAUG2023-09-012023-09-01ChangeInManagementDomain1 MADHAVBAUG2023-09-01ChangeInManagementDomain1 MADHAVBAUG2023-09-012023-09-01ChangeInManagementDomain2 MADHAVBAUG2023-09-01ChangeInManagementDomain2 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares MADHAVBAUG VAIDYA SANE AYURVED LABORATORIES LIMITED Change in designation Chairman or chairperson Rohit Madhav Sane 2023-09-01 Dr. Rohit Madhav Sane is currently designated as Managing Director & CEO of the Company and is founder of “Madhavbaug Cardiac Care Clinics and Hospitals” Dr. Sane being MBBS (Medicine and Surgery) and having fellowship in cardiac Rehabilitation, has been leading the one of the largest ayurvedic chain of clinics and Hospital from last 17 years, which is known as “Madhavbaug” Dr. Sane having reach experience of more than 20 years of health care consulting, Dr. Sane has played vital role, being Foundation of this company by conceptualizing and promoting Ayurveda in healing of chronic heart diseases. Dr. Sane has been instrumental for Sampurna Hriday Shuddhikaran treatment which enables total purification of Heart with a combination of Modern science and well established therapies prescribed in Ayurveda. Under the guidance of Dr. Sane, company has achieved recognition at National and International level, and will continue to do so in coming year. MDCEO CMD Appointment Chief executive officer Shripad Upasani 2023-09-01 5 Mr. Shripad Upasani is currently designated as Chief Operating officer (COO), has been working with the company since 2014 and has been instrumental in Expansion of Madhavbaug Clinics, India’s Largest Ayurvedic Chain of Clinics and Hospitals, at PAN India levels. Mr. Shripad Upasani, by qualification, is Bachelor of Science and MBA in Marketing. Carrying his more than 35 years of experience in the various industries like Insurance and Healthcare, Mr. Shripad Upasani is custodian of Exemplary Leadership skills, Strong hold on Operations, Motivational speaker and his problem solving approach has brought pathbreaking growth to the organisation. Under the leadership of Mr. Shripad Upasani, Company envisage to introduce newer verticals in the Company’s business proposition.