Pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copy of the Notice of ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Family Care Hospitals Ltd has filed its Annual Report for FY 2024-25 along with the Notice of its 31st Annual General Meeting, scheduled for Monday, 29th September 2025 at 3:00 PM via video conferencing. The company reported total income of Rs. 1,105.68 lakhs (Revenue from Operations of Rs. 790.46 lakhs plus other income of Rs. 315.22 lakhs), but swung to a loss of Rs. 4,414.53 lakhs compared to a profit of Rs. 1,254.76 lakhs in FY 2023-24, mainly due to the closure of its flagship hospital at Mira Road since September 2024. The AGM agenda includes the appointment of new statutory auditor M/s Rafik & Associates (replacing the resigned M/s S.M. Gupta & Co.), appointment of M/s Ajay Kumar & Co. as Secretarial Auditors for five years, re-appointment of Independent Director Mr. Dhananjay Parikh for a second term, and shareholder approvals for a borrowing limit of Rs. 25 crores and investment/loan authority of up to Rs. 50 crores over five years.
The sharp swing to a Rs. 44+ crore loss driven by the Mira Road hospital closure is a significant negative for shareholders, though management is working on relocation and launching a new version of its 911 health app. The auditor change and new borrowing/investment authorizations signal ongoing financial restructuring, which investors should monitor closely at the upcoming AGM.