The meeting was held at ABLE Secretariat, Bengaluru, Karnataka. President G S Krishnan welcomed all the members and confirmed from COO Narayanan Suresh about quorum. He referred to the AGM notice sent to all members on 25th November 2022 along with the detailed activities report for 2021-22 and the Audited Financial Statement for 2021-22.

General Secretary Mr Ravi Bhola then presented a resolution seeking the approval of members for the minutes of the previous 19th AGM held in November 2021. Dr Shriram Ragavan (Jananom) proposed the resolution and Mr Sanjeev Neelappa (Yokogawa) seconded the resolution. It was adopted unanimously.

COO Narayanan Suresh presented the audited financial results and the detailed activities report for the year 2021-22.. He pointed out that due to the frugal spending and resumption of some of the regular activities, the Association posted an increased revenue and wiped out the deficit for the previous year.

The Audited Financial Report adoption resolution was proposed by Mr Sanjeev Neelappa (Yokogawa) and seconded by Dr Gawir Baig (Anthem Biosciences). The resolution was adopted unanimously.

General Secretary, Mr Ravi Bhola, then moved a resolution to re-appoint the firm of Chartered Accountants Venkat and Vasan as the Statutory Auditor for the financial year 2022-23. The resolution was proposed by Dr P M Murali (Golden Jubilee Biotech Park for Woman) and seconded by Mr Rashesh Doshi ( Zytex). The resolution was adopted unanimously.

President Mr Krishnan then opened the floor for discussion on any other matter. He briefed the members about the preparations to celebrate the 20th Anniversary of ABLE with get togethers in Pune, Hyderabad and New Delhi in the early part of 2023. Mr Krishnan announced that ABLE will be setting up the India Pavilion on behalf of Government of India at the forthcoming BIO International Convention in Boston, USA from June 5-8, 2023. He urged members to participate in big numbers in the exhibition and conference and highlight our industry’s good work to the world.

President informed members that ABLE was planning to revive the popular BEST (Biotech Entrepreneurship for Student Teams) program to inculcate the idea of bio entrepreneurship among biotech college students with support from members. President Krishnan then concluded the meeting thanking all members for the presence and seeking their cooperation implementing the ambitious agenda for the Association.

The meeting was held at ABLE Secretariat, Bengaluru, Karnataka on 15th December 2022