Certification by Chief Executive Officer (CEO) and Chief Financial Officer (CFO)
(As required by Clause 49 of the Listing Agreements entered into with the Stock Exchanges)

The Shareholders and the Board of Directors
Unichem Laboratories Limited

We, Prakash A. Mody, Chairman & Managing Director (Chief Executive Officer as per Clause 49 of the Listing agreement entered into with the Stock Exchanges) and Rakesh Parikh, Vice President – Finance & Chief Financial Officer (as per Clause 49 of the Listing agreement entered into with the Stock Exchanges), of Unichem Laboratories Limited, to the best of our knowledge and belief, certify that:

  • We have reviewed the financial statements and the cash flow statement for the year ended  31st March, 2013 (hereinafter referred to as ‘the year’) and that to the best of our knowledge and belief :
    • these statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading;
    • ii. these statements together present a true and fair view of the Company’s affairs and are in compliance with existing accounting standards, applicable laws and regulations.
  • There are no transactions entered into by the Company during the year which are fraudulent, illegal or violative of the Company’s code of conduct.
  • We accept responsibility for establishing and maintaining internal controls for financial reporting and we have evaluated the effectiveness of internal control systems of the Company pertaining to financial reporting and have disclosed to the auditors and the Audit Committee, deficiencies in the design or operation of such internal controls, if any, of which we are aware and have taken requisite steps to rectify these deficiencies.
  • We have indicated to the auditors and the Audit committee that
    • There are no significant changes in internal control over financial reporting during the year;
    • There are No significant changes in accounting policies during the year and so have not been disclosed in the notes to the financial statements.
  • There have been no instances of significant fraud of which we have become aware and any involvement therein, of the management or an employee having a significant role in the Company’s internal control system over financial reporting.
  • All Board members and senior managerial personnel of the Company have affirmed compliance with the Code of Business Conduct and Ethics during the year ended 31st March, 2013.

May 10, 2013 
Dr. Prakash Amrut Mody
Managing Director
Rakesh Parikh 
V.P.-Finance & CFO