Attached here Scrutinizer''s Report of the company
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Awaiting price reaction for this filing.
Family Care Hospitals Limited conducted a postal ballot (e-voting only) for seven resolutions, with voting closing on May 25, 2025 and results declared on May 27, 2025. Emails were sent to 44,853 members. Six of the seven resolutions were passed with strong support (over 96% assent), including regularization of three independent directors (Archana Chirawawala, Sanjeev Seth, Nitesh Shrinath Singh), appointment of a Whole-Time Director (Suchit Raghunath Modshing), cancellation of a previously passed authorized share capital increase (100% assent), and alteration of the MOA's objects clause. Notably, the resolution seeking approval for related party transactions for FY2025-26 (Item 5) was NOT passed, garnering only 51.36% in favor versus 48.64% against, as 3 members holding 10,013,723 votes (a large block) abstained and were excluded from the valid vote count.
The rejection of the related party transaction resolution is a significant outcome, suggesting substantial shareholder pushback against management's proposed RPTs for FY26 — the related parties holding those large abstained/invalid positions effectively blocked the special resolution. While board continuity is maintained with all director appointments approved, the company may need to revise its RPT strategy or seek fresh shareholder approval for FY26 related party deals.