Announced Fri, 27 Mar · 19:45 IST

The relevant disclosure is attached.

Management Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹46.50
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.8+4.9+6.7+12.8+18.3+25.8+20.4+15.1+11.9
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AI summary

Fortis Malar Hospitals announced results of a Postal Ballot concluded on March 27, 2026, in which all three resolutions were passed with overwhelming majority. Resolution 1 approved the appointment of Mr. Bidesh Chandra Paul (DIN: 08596135) as a Director, with 99.91% votes in favour (1,17,60,663 out of 1,17,71,646 polled). Resolution 2 approved his appointment as Whole-Time Director, also with 99.91% support. Resolution 3 re-appointed Ms. Shailaja Chandra (DIN: 03320688) as Independent Director for a second 5-year term effective March 10, 2026, with 99.91% in favour. Promoter group voted 100% in favour on all three resolutions. Notably, public non-institutional shareholders registered dissent of around 57% against all three resolutions, though their overall share of votes polled was small (0.28% of outstanding shares).

Likely market impact

Routine board-level changes with no immediate material impact on the stock price. The strong dissent from public shareholders, while numerically small, signals some dissatisfaction with the appointments and may be worth monitoring.