Themis Medicare Ltd

Rating Action

• Long-term bank facilities downgraded to CARE BB+; Stable outlook; from CARE BBB-; Negative
• Short-term bank facilities downgraded to CARE A4+; from CARE A3
• Material change: downgrade from CARE BBB-; Negative to BB+; Stable

Instruments & Ratings

• Long-term facilities (₹77.39 cr): CARE BB+; Stable; downgraded from CARE BBB-; Negative
• Short-term facilities (₹48.50 cr): CARE A4+; downgraded from CARE A3

Rationale

• Rationale: downgrade after FY26 and Q1FY27 performance review

Outlook

• Outlook: Stable for long-term rating

AGM Details

• Date and venue: 30 September 2026, registered office, Vapi Gujarat.
• Time: 11:00 AM to 11:35 AM.
• Mode: physical meeting with remote e-voting facility.
• Remote e-voting: 27 Sep 2026 9:00 AM to 29 Sep 2026 5:00 PM.
• Meeting concluded at 11:35 AM.

Resolutions

• Ordinary: adoption of financial statements; outcome not disclosed.
• Ordinary: re-appointment of Rajneesh Anand; outcome not disclosed.
• Ordinary: dividend declaration for FY ended 31 March 2026; amount not disclosed.
• Special: ratification of cost auditor remuneration for 2026-27; outcome not disclosed.
• Special: amendment to Articles of Association; outcome not disclosed.
• Voting results to be disseminated within two working days.

AGM Details

• Date/time: 30 September 2026, 11:00 a.m.–11:35 a.m., at registered office.
• Mode: physical meeting with remote e-voting facility.
• Venue: Registered Office, Vapi, Gujarat.
• E-voting window: 27–29 September 2026.
• Ballot voting available for attendees not using remote e-voting.
• Chairman presided; Scrutinizer appointed for voting.

Ordinary Business

• Adopt Audited standalone and consolidated financial statements for the year ended 31 March 2026.
• Re-appoint Rajneesh Anand by rotation.
• Declare dividend on equity shares for the year ended 31 March 2026.

Special Business

• Ratify remuneration of Cost Auditor for FY 2026-27.
• Amend Articles of Association.

Voting / Results Status

• Results to be disseminated to stock exchanges and on company/CDSL websites within two working days.

Withdrawal of proposed preferential issue

• Withdrawn the proposed issue of 4,595,795 warrants at Rs 102.87 per warrant.
• Reason: to consider a fresh issue later; working capital needs met by other means.
• In-principle approvals with BSE/NSE withdrawn; related disclosures withdrawn.
• Withdrawal deemed not to adversely impact financial position or operations.
• Decision communicated on 24 September 2026 by Themis Medicare Limited.

Themis Medicare Limited: Trading Window closed from 1st October, 2026 and will re-open after completion of 48 hours from the declaration of un-audited financial results for the quarter and half year ending 30th September, 2026

Record date for final dividend FY2025-26

• Board fixed the record date as 23 September 2026 for dividend entitlement.
• Dividend is subject to approval by shareholders at the 56th AGM on 30 September 2026.
• Dividend relates to the financial year ended 31 March 2026.
• Intimation is in line with Regulation 42 of SEBI LODR.

Record date and dividend

• Record date: 23 Sep 2026 for final dividend FY2025-26, subject to AGM approval on 30 Sep 2026.