Investor Presentaiton

Europe Germany Rest of Europe Standing • 74% of the generic market into tenders • Torrent Generic Market Coverage 62% • Market share in Tender business: 6.2% •Ranked 6th amongst generic companies •20% CAGR (last 5 years) Growth Drivers •Untapped High volume products in tenders - will be supported by Dahej capacity • OTC • Portfolio augmentation with entry into new segments Till 2015 Licensing Business • Forge partnerships with regional companies in north and south Europe . UK 15+ product launches in 2015-16; 40 products to be launched over the next 4 years • Move business to larger accounts - retail chains & large wholesalers Next 3 years Built good base in difficult to enter markets Portfolio diversification in non-infringing products, OTC, high-volume tender market

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