The Company has received notice under section 111 of Companies Act, 2013 proposing the Appointment of Mrs. Jayanthi Radhakrishnan (DIN: 09025308) As Managing Director of the Company for ....
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Three shareholders of Chennai Meenakshi Multispeciality Hospital, collectively holding about 26.09% of the company's paid-up capital, have submitted a special notice under Section 111 of the Companies Act, 2013 proposing the appointment of Mrs. Jayanthi Radhakrishnan (DIN: 09025308) as Managing Director. The three proposers are Mrs. R. Gomathi (100 shares, 0.0013%), Mrs. Jayanthi Radhakrishnan herself (19,11,660 shares, 25.59%), and Mr. Akash Prabhakar (37,000 shares, 0.50%), all of whom appear to be family members sharing the same residential address in K.K. Nagar, Chennai. Mrs. R. Gomathi is currently the Chairman and Managing Director (DIN: 02900460), and her signature appears on the company's response letter. The proposal has been added to the agenda of the board meeting scheduled for September 3, 2025, and the resolution will be placed before the AGM due on or before September 30, 2025. A separate erratta letter (dated August 30, 2025) clarifies that 'Section 111' in the original intimation was mistakenly typed as 'Section 115' and contains no other changes.
This signals a leadership transition at the top of the company, with the current CMD R. Gomathi likely being succeeded by a family-connected shareholder, Jayanthi Radhakrishnan. Shareholders should watch the September 3 board meeting and the upcoming AGM for the final outcome, as this could affect governance continuity and the strategic direction of the hospital.