Zenith Healthcare Ltd

Zenith Healthcare Ltd trading window closed from Oct 01, 2026 till the end of 48 hours after the announcement / declaration of unaudited financial results for the quarter and half year ending on 30th September, 2026.

Director reappointment

• Reappointment of Mrs. Neela M. Raycha as Non-Executive Director; she retires by rotation.
• She is eligible for re-appointment.
• Not debarred from holding office by SEBI or other authority.
• Directorship in Ray Remedies Private Limited.
• Shareholding in Zenith: 1,261,712 shares.
• Date of appointment: 13.03.2001.
• Date of birth: 28.11.1962.
• Relationship with directors: spouse of CMD and mother of JMD/WTD.

JMD/WTD Regularization

• Regularization of Akshit M. Raycha as Joint Managing Director/Whole Time Director.
• Appointment effective from 29 May 2026 for a 3-year term.
• Term to 28 April 2029; expiry linked to next AGM.
• Remuneration up to Rs 2 lakh per month.
• Total remuneration up to Rs 24 lakh, with Rs 9 lakh annual increment.
• Appointment approved by NRC and Board; shareholder resolution pending.
• Not debarred from holding office by SEBI or any authority.
• Related to CMD Mahendra C. Raycha and director Neela M. Raycha.
• Other directorships: Zenith Lifecare, Zenith Medicine, Achyut Healthcare, Duck Cosmetics LLP.
• No committee memberships at listed entities.
• Shareholding: 189,817 shares.
• Shareholder approval status: Special Resolution yet to be passed.

MD Re-appointment

• Re-appointment of Mahendra C. Raycha as Managing Director for a three-year term.
• Term: 01/07/2026 to 30/06/2029.
• Reason: Attained age 70; reappointment under Section 196 via special resolution.
• Approved by Nomination and Remuneration Committee on 30 June 2026.
• Board approved on 04 August 2026; shareholders’ special resolution pending.
• Promoter and Director; Chartered Accountant.
• 20+ years of experience as Managing Director.
• Zero-debt company; consistent turnover and profits.
• Shareholding: 6,604,000 shares; 12.29% voting power.
• Other directorships: Zenith Lifecare, Zenith Medicine, Ray Remedies, Achyut Healthcare.
• ICAI member; Membership No. 037038.
• Relationship with other directors: promoter; no other relationships disclosed.

Key resolutions and outcomes

• Ordinary: Adopt Audited financial statements and reports; resolution passed.
• Ordinary: Director by rotation; re-appointment approved.
• Special: Regularise Managing Director appointment with three-year remuneration term; approved.
• Ordinary: Regularise Joint Managing Director appointment; approved.
• Special: Approve material related party transactions with a designated counterparty.
• Voting context: promoter votes on RPT resolution treated as invalid due to related party interest.

AGM details

• Date/time: 28 Aug 2026, 10:30 AM IST.
• Mode: VC/OAVM; no physical meeting.
• Record date: 21 Aug 2026.
• Attendance: 38,922 total shareholders; 39 attended via VC/OAVM.
• Meeting duration: 10:30–10:44.
• Chairman: Mahendra C. Raycha.

Ordinary resolutions

• Adopt audited financial statements and reports for year ended 31 March 2026.
• Re-appoint Neela M. Raycha as Director on retirement by rotation.

Special resolutions

• Re-appointment of Mahendra C. Raycha as Managing Director.
• Regularization of Akshit M. Raycha as Joint MD/Whole Time Director.
• Approval of related party transaction with Achyut Healthcare Limited.

Voting status

• Voting results to be disclosed by 01 September 2026; scrutinizer's report pending.

Financial results

• Unaudited quarterly results for quarter ended 30 June 2026 approved with Limited Review Report.

Meeting Details

• Date: Friday, 14 August 2026.
• Location: Registered Office, 504 Iscon Elegance, Prahladnagar, S.G. Road, Ahmedabad 380015.

Key Agenda Items

• To consider and approve unaudited financial results for the quarter ended 30 June 2026.
• Any other item with the permission of the Chair and majority of Directors.

Other Notes

• Trading window remains closed till 48 hours after declaration of financial results for quarter ended June 30, 2026.