Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015 we hereby inform you that the board of directors at their meeting on 03rd September 2025 had approved the appointment of Mrs. ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chennai Meenakshi Multispeciality Hospital's board, at its meeting on September 3, 2025, approved multiple director changes. Two new Non-Executive Independent Directors were appointed for 5-year terms: Mrs. Shama Dhilip and Mr. K.M. Mohandass. Mrs. Jayanthi Radhakrishnan, currently a director and daughter of existing CMD Mrs. R. Gomathi, was appointed as Managing Director for 5 years without any remuneration. The board also approved regularization of Mr. Edward M. Prabhakar and Mr. Akash Prabhakar as directors at the upcoming 35th AGM on September 30, 2025. Additionally, Mr. G. Ra. Gokul and Mr. K.P. Gautham Srinivas were appointed as directors, both being direct family members of CMD R. Gomathi. The filings reveal a notable concentration of family members on the board, with Gomathi's daughter, son, and grandson all holding or proposed to hold director positions.
The appointment of Mrs. Jayanthi Radhakrishnan as MD signals a family succession at the top of the company, though working without remuneration reduces cost concerns. The board is now heavily populated by members of the Gomathi family, which may raise corporate governance questions for minority shareholders about independent oversight and decision-making.