Enclosed herewith Amended Memorandum of Association
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Family Care Hospitals Ltd (formerly Scandent Imaging Limited) has filed its Amended Memorandum of Association incorporating two key changes. First, on April 24, 2025 the Board approved a new Object Clause 7B allowing the company to engage in AI-based healthcare solutions including predictive health analytics, machine learning, large language models, digital health platforms, telemedicine, and related software and data services in India and overseas. Second, the Board on May 30, 2025 approved increasing the authorised share capital from Rs. 75 crore (7.5 crore equity shares of Rs. 10) to Rs. 125 crore (12.5 crore equity shares of Rs. 10), which was subsequently approved by shareholders via postal ballot on July 13, 2025. Postal ballot voting for the object clause amendment closed on May 25, 2025.
The expanded objects give the company clear legal backing to enter AI/digital health and telemedicine businesses, signalling a strategic shift beyond traditional hospital operations. The higher authorised share capital provides room to raise fresh equity to fund this expansion, though any actual issuance would require a separate board and shareholder approval.